M&A Deal Summary

Central European Media Enterprises Acquires Kanal A/S

On December 1, 1999, Central European Media Enterprises acquired media company Kanal A/S from GMT Communications Partners and SBS Broadcasting S.A.

Acquisition Highlights
  • This is Central European Media Enterprises’ 1st transaction in the Media sector.
  • This is Central European Media Enterprises’ 1st transaction in Slovenia.

M&A Deal Summary

Date 1999-12-01
Target Kanal A/S
Sector Media
Buyer(s) Central European Media Enterprises
Sellers(s) GMT Communications Partners
SBS Broadcasting S.A.
Deal Type Add-on Acquisition

Target

Kanal A/S

Slovenia
Kanal A/S is a Slovenia's first private television network, commencing broadcasts business.

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Buyer(S) 1

Buyer

Central European Media Enterprises

Hamilton, Bermuda

Category Company
Sector Media
DESCRIPTION

Central European Media Enterprises is an Eastern European free-to-air TV company that owns and operates a portfolio of commercial TV stations in six Eastern European countries, reaching approximately 82 million people across the Czech Republic, Romania, Slovenia, Slovak Republic, Croatia, and Bulgaria. Central European Media Enterprises is based in Hamilton, Bermuda.


DEAL STATS #
Overall 1 of 3
Sector: Media M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Slovenia M&A 1 of 1
Year: 1999 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-30 Bonton a.s.

Prague, Czech Republic

Bonton, a.s. is a distributor of movies, VHS, VCDs, and DVDs of Hollywood-produced movies and independent cinemas to rental and retail networks.

Buy -

Seller(S) 2

SELLER

GMT Communications Partners

London, United Kingdom

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1993
PE ASSETS 3.5B EUR
Size Large
Type Sector Focused
DESCRIPTION

GMT Communications Partners is a specialist private equity firm focused on investments in the media and communications industries. The Firm prefers established companies with strong barriers to entry. Specific sectors of interest include publishing, information services, tv/radio, mobile voice & data networks, out-of-home media, and telecom infrastructure/services. GMT focuses its investment activity across Europe and will consider later stage investments as well as buyouts. GMT Communications Partners is based in London.


DEAL STATS #
Overall 4 of 28
Sector: Media M&A 2 of 7
Type: Add-on Acquisition M&A Deals 4 of 14
Country: Slovenia M&A 1 of 1
Year: 1999 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-01 Cable Management Ireland

Dublin, Ireland

Cable Management Ireland (CMI) owned and operated 28 exclusive cable television and microwave multi-point distribution service (MMDS) franchises serving the greater Dublin area and the northern and central regions of the Republic of Ireland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 Skyline SA

Lille, France

Skyline SA is a provider of wireless broadband communications systems and services to rural markets in France.

Buy -
SELLER

SBS Broadcasting S.A.

Luxembourg, Luxembourg

Category Company
Sector Media
DESCRIPTION

SBS Broadcasting S.A. is a European television and radio broadcasting company with complimentary print operations. The Company derives revenue primarily through sales of advertising to multi-national, national, regional and local advertisers and sales of magazine subscriptions.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Slovenia M&A 1 of 1
Year: 1999 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-10-01 Kanal A/S

Slovenia

Kanal A/S is a Slovenia's first private television network, commencing broadcasts business.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-01 CANAL+ Television AB

Cedex, France

CANAL+ Television AB is a premium pay television provider in the Nordic region, serving Sweden, Norway, Finland and Denmark. CANAL+ Television was founded in 2000 and is based in Cedex, France.

Buy -