MediaWeek, quoting a source with “knowledge of the process” is reporting that Bauer Media, the consumer division of the publishing group has renewed its focus on small “bolt-on” acquisitions to complement its existing portfolio. This follows Bauer’s failure to acquire BBC Worldwide’s magazine portfolio. BBC Worldwide is now in exclusive negotiations with Exponent Private Equity.
The Bauer Media Group is an international media company publishing 323 magazines as well as numerous special publications in 15 countries. The Group publishes 54 magazines in Germany, 84 in Poland and 79 in the UK.
Bauer Media joined the Bauer Media Group in January 2008 following acquisition of Emap plc’s consumer and specialist magazines, radio, TV, online and digital businesses.
In the 2009 reporting, the Bauer Media Group’s consolidated sales passed the two-billion-euro mark with an increase of 17.7 per cent or EUR 316.8 million for a total of EUR 2.107 billion. Sales in the United Kingdom consequently climbed by EUR 431.9 million to EUR 565.2 million.
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Related articles:
- More trades exit the race to buy the magazine division of BBC Worldwide Posted on April 7, 2011
- Bauer closes in on BBC Magazines as Future and Burda drop out Posted on March 31, 2011
- Lagardère may sell its portfolio of international titles to either Hearst Corp or Bauer Media Group Posted on December 21, 2010
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