Motor Presse Stuttgart has made three acquisitions in Germany and Poland. They are caraworld.de, a marketplace for new and used caravans and campers: a majority holding in the television company Motor Presse TV: and content-based Web site MojeAuto.pl.
“These acquisitions have the goal of accelerating the digital transformation of Motor Presse Stuttgart in Germany and abroad and driving the development of strong print-digital brands”, said Dr. Volker Breid, Managing Director at Motor Presse Stuttgart. The terms of the deals were not disclosed.
caraworld.de, is Germany’s largest marketplace for new and used caravans and campers. The portal is aligned towards commercial traders as well as private buyers and vendors. caraworld.de offers more than 15,000 new and used vehicles and generates more than three million hits with around 40 million page impressions a year.
Motor Presse TV
Motor Presse Stuttgart is acquiring TV entrepreneur Jörg Schütter’s 41 per cent of shares in the Motor Presse TV company giving it a 51% majority stake in the joint-venture established in 2009. Jörg Schütte will retain a 49% holding in Motor Presse TV and will manage the company alongside Norbert Lehmann, Chief Financial Officer at Motor Presse Stuttgart. Motor Presse TV operates the pay TV auto motor und sport Channel which reaches around 900,000 subscriber households in German-language cable and IP TV networks. Acquisition of the majority holding by Motor Presse Stuttgart is subject to approval by the media supervisory authorities.
Motor Presse Polen is acquiring MojeAuto.pl from the Allegro Group. MojeAuto.pl was established by Automotive Internet Services S.A. in 2000 and acquired by the Allegro Group in 2010. The Web site currently employs 25 people and is based in Wroclaw which is also home to Motor Presse Polen. The Web site offers news, photo galleries and videos, tests and product ratings, marketplaces for new and used vehicles, tyres and wheel rims as well as accessories and financial services.
Germany, Stuttgart & Poland, Wroclaw
You must be logged in to post a comment.