bmp acquires brand eins
Private equity house bmp has acquired 28.7% of shares in publishing company brand eins Medien AG, bringing its total holding up to 35.23%.
The transaction was paid in cash and bmp shares. bmp is planning to continue the company's growth process.
In order to finance the investment bmp further increased its share capital from €17.5m to €18.8m.
Previously bmp acquired 6.35% of shares in the spring of 2011
Company
Berlin-based brand eins Medien AG is the publisher of the brand eins business magazine and a number of further publications such as "Die Welt in Zahlen" almanac together with its partner Statista. The company was founded in 1999.
People
Oliver Borrmann is executive board chairman at bmp AG.
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