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New Deal


Announced

Silke and Holger Friedrich acquired Berliner Zeitung from DuMont.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Germany

Publishing

Friendly

Acquisition

daily paper

Private

Pending

Synopsis

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Silke and Holger Friedrich acquired Berliner Zeitung, a daily newspaper based in Berlin, from DuMont, one of Germany's oldest and largest publishing houses. Financial terms were not disclosed. Over the past ten years, the team in Berlin has developed innovative solutions for the capital city's media market and, in particular, anchored the Berliner Zeitung as a fixed journalistic entity in the city. We are delighted to hand over the publishing house to Berliners who wish to continue this work with the team and to invest further in the future of the publishing house. " Christian DuMont Schütte, Chairman of the Supervisory Board of DuMont.

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