KLAMBT to acquire 8 magazine titles from Funke Media Group.

KLAMBT, a German media group, agreed to acquire 8 magazine titles from Funke Media Group, a large German media conglomerate. Financial terms were not disclosed. "Our thanks as a publishing family go to all the employees who, with passion and sensitivity to the needs of readers, have made these magazines the most successful brands in their segment over the decades. They have also made a significant economic contribution to the success and development of FUNKE. We know the KLAMBT team as a long-standing partner of our media group and are convinced that our brands – and especially our colleagues – are in very good hands at KLAMBT and will continue our success there," Julia Becker, FUNKE Media Group Publisher and Chairwoman of the supervisory board.