RBC bought a 60% stake in an international publishing holding
RBC bought a 60% stake in the international publishing company EDI S PRESS Holding. The company has the right to repurchase the remaining 40% of the shares by the end of 2008.
The purchased company received over $ 20 million turnover in 2005. RBC reports: "The ratio of the transaction amounted to 1.9 to the revenue of the acquired enterprise, taking into account the premium for control and a unique position in the publishing market." In Russia, among the main media assets of EDI S PRESS Holding are the Salon-Press publishing house and Luxury Media publishing house, and in Ukraine - Formax Publications.
With the acquisitions made RBC expects to strengthen its position in the fast-growing magazine business. German Kaplun, chairman of the board of directors of RBC, said that the Russian holding company was aiming at a serious expansion in the print media segment. “Currently we are actively working on the release of new publications, some of which will appear this fall,” Mr. Kaplun said. “Given the tendency of print media to enter the Internet, we also see the prospect of further development of online versions of the group’s publications, and, of course, we will launch new online projects.”
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Evgeny Filimonov, one of the founders of Salon-Press, believes that joining RBC, a large media company, opens up entirely new opportunities for EDI S PRESS Holding publishers: “It seems to us that the combination of magazine projects from Salon-Press and Luxury Media with RBC projects will have an undoubted synergistic effect. ” He noted, as a plus, the absence of intersections in the products of holdings with similar target groups: “This will avoid internal competition and make maximum use of the experience gained by our companies over 10 years of work.”
It is reported that one of its founders, Sergei Shustov, will lead the Salon-Press publishing house. Konstantin Ryasentsev, head of the publishing department at RBC, was elected chairman of the board of directors.
Recall, Salon-Press Publishing House publishes Salon Interior, Ideas for Your Home, Interior Digest, Interior Shop catalog, as well as applications, catalogs and yearbooks on architecture, design and construction. In addition, the company owns Internet resources ivd.ru, salon.ru, inmag.ru,interior-digest .ru.
Luxury Media magazine operates in the luxury goods segment and publishes FOUR SEASONS, Mercedes magazin and In Moscow magazines. The client base of both companies has more than 1,300 advertisers.
The purchased company received over $ 20 million turnover in 2005. RBC reports: "The ratio of the transaction amounted to 1.9 to the revenue of the acquired enterprise, taking into account the premium for control and a unique position in the publishing market." In Russia, among the main media assets of EDI S PRESS Holding are the Salon-Press publishing house and Luxury Media publishing house, and in Ukraine - Formax Publications.
With the acquisitions made RBC expects to strengthen its position in the fast-growing magazine business. German Kaplun, chairman of the board of directors of RBC, said that the Russian holding company was aiming at a serious expansion in the print media segment. “Currently we are actively working on the release of new publications, some of which will appear this fall,” Mr. Kaplun said. “Given the tendency of print media to enter the Internet, we also see the prospect of further development of online versions of the group’s publications, and, of course, we will launch new online projects.”
')
Evgeny Filimonov, one of the founders of Salon-Press, believes that joining RBC, a large media company, opens up entirely new opportunities for EDI S PRESS Holding publishers: “It seems to us that the combination of magazine projects from Salon-Press and Luxury Media with RBC projects will have an undoubted synergistic effect. ” He noted, as a plus, the absence of intersections in the products of holdings with similar target groups: “This will avoid internal competition and make maximum use of the experience gained by our companies over 10 years of work.”
It is reported that one of its founders, Sergei Shustov, will lead the Salon-Press publishing house. Konstantin Ryasentsev, head of the publishing department at RBC, was elected chairman of the board of directors.
Recall, Salon-Press Publishing House publishes Salon Interior, Ideas for Your Home, Interior Digest, Interior Shop catalog, as well as applications, catalogs and yearbooks on architecture, design and construction. In addition, the company owns Internet resources ivd.ru, salon.ru, inmag.ru,
Luxury Media magazine operates in the luxury goods segment and publishes FOUR SEASONS, Mercedes magazin and In Moscow magazines. The client base of both companies has more than 1,300 advertisers.
Source: https://habr.com/ru/post/4360/
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