M&A Deal Summary

Goldbach Media AG Acquires Clear Channel Switzerland

On December 22, 2022, Goldbach Media AG acquired marketing company Clear Channel Switzerland from Clear Channel Outdoor for 86M CHF

Acquisition Highlights
  • This is Goldbach Media AG’s 1st transaction in the Marketing sector.
  • This is Goldbach Media AG’s largest (disclosed) transaction.
  • This is Goldbach Media AG’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2022-12-22
Target Clear Channel Switzerland
Sector Marketing
Buyer(s) Goldbach Media AG
Sellers(s) Clear Channel Outdoor
Deal Type Divestiture
Deal Value 86M CHF

Target

Clear Channel Switzerland

Zurich, Switzerland
website
Clear Channel Switzerland is an outdoor advertising company connect advertisers with millions of consumers every month across print and digital displays. Clear Channel Switzerland is based in Zurich, Switzerland.

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Buyer(S) 1

Buyer

Goldbach Media AG

Küsnacht, Switzerland

website


Category Company
Founded 1992
Sector Media
DESCRIPTION

Goldbach Media AG is a marketer and promoter electronic offline media, TV, radio, and the out-of-home segment in Switzerland.


DEAL STATS #
Overall 2 of 2
Sector (Marketing) 1 of 1
Type (Divestiture) 1 of 1
Country (Switzerland) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-31 I-Media d.o.o.

Ljubljana, Slovenia

I-Media d.o.o. is a provider of an online advertising and search engine marketing services.

Buy -

Seller(S) 1

SELLER

Clear Channel Outdoor

San Antonio, Texas, United States

website


Category Company
Founded 1901
Sector Marketing
Employees4,700
Revenue 2.5B USD (2022)
DESCRIPTION

Clear Channel Outdoor is a large outdoor advertising company with a diverse portfolio of 450,000 print and digital displays in 31 countries across Asia, Europe, Latin America and North America, reaching millions of people monthly. A growing digital platform includes over 13,500 digital displays in its international markets and more than 1,200 digital billboards across 28 markets in the U.S. Clear Channel Outdoor was incorporated in 1901 and is based in San Antonio, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Marketing) 1 of 1
Type (Divestiture) 1 of 1
Country (Switzerland) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1