Movico completed the acquisition of a majority stake in Bischoff+Scheck.

Movico, a partner in roadshowmarketing and sports events, completed the acquisition of a majority stake in Bischoff+Scheck, a producer of high-end mobile event solutions for racing teams. Financial terms were not disclosed. "Due to its great experience and reputation, we are very convinced of the competencies and capabilities of our future partner, the Movico Group, and are pleased that with Movico we will be able to further expand our services expertise and that Bischoff+Scheck will thus be able to tap into additional market segments. It was important for us to arrange our succession early on and to be able to assure our employees and customers of a stable and promising future for the next 25 years as well," Bernd Bischoff, Bischoff+Scheck Shareholder.