M&A Deal Summary

Fairfax Media Acquires Fairfax New Zealand

On April 1, 2003, Fairfax Media acquired media company Fairfax New Zealand

Acquisition Highlights
  • This is Fairfax Media’s 1st transaction in the Media sector.
  • This is Fairfax Media’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2003-04-01
Target Fairfax New Zealand
Sector Media
Buyer(s) Fairfax Media
Deal Type Add-on Acquisition

Target

Fairfax New Zealand

Wellington, New Zealand
website
Fairfax New Zealand Ltd is a news and information publisher.

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Buyer(S) 1

Buyer

Fairfax Media

Pyrmont, Australia

website

Category Company
Founded 1841
Sector Media
Revenue 1.7B AUD (2018)
DESCRIPTION

Fairfax Media is a diversified media company with operations that include newspapers, magazines, radios and digital media. Fairfax Media was formed in 1841 and is based in Pyrmont, Australia.

DEAL STATS #
Overall 2 of 11
Sector (Media) 1 of 6
Type (Add-on Acquisition) 2 of 10
Country (New Zealand) 1 of 1
Year (2003) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 Rural Press

Fairfax, Virginia, United States

Rural Press (USA) Ltd. is an an agricultural media company publishes newspaper and magazines for agriculture industry. Rural Press includes the Farm Progress and Miller Publishing Company businesses which sat outside of Fairfax’s main integrated asset focus in Australia and New Zealand. Farm Progress operates a portfolio of agricultural assets, including a number of leading agricultural tradeshows.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-01 rsvp.com.au Pty

Sydney, Australia

RSVP is now synonymous with dating in Australia and boasts a membership base of over 1.5 million singles.

Buy AU$38M
Mergr

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