Bauer Media Group, a German multimedia conglomerate, completed the acquisition of Celador Radio and Lincs FM Group, two UK-based radio broadcasters. Financial terms were not disclosed. "The UK’s love of radio shows no signs of diminishing and we are investing to extend our reach and broaden our offer. Radio enjoyed record revenues last year and continues to exceed advertiser expectations, offering proven positive brand impact within an uncertain landscape," Paul Keenan, Bauer Media UK and European Radio CEO.