M&A Deal Summary

Essel Group Acquires boolab

On August 21, 2017, Essel Group acquired media company boolab

Acquisition Highlights
  • This is Essel Group’s 1st transaction in the Media sector.
  • This is Essel Group’s 1st transaction in Spain.

M&A Deal Summary

Date 2017-08-21
Target boolab
Sector Media
Buyer(s) Essel Group
Deal Type Add-on Acquisition

Target

boolab

Barcelona, Spain
boolab is a production company specialising in audiovisual and experiential media. boolab was founded in 2001 and is based in Barcelona, Spain.

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Buyer(S) 1

Buyer

Essel Group

Mumbai, India

Category Company
Founded 1976
Sector Diversified
Employees10,000
DESCRIPTION

The Essel Group is among India's most prominent business houses with a diverse portfolio of assets in media, packaging, entertainment, technology-enabled services, infrastructure development and education. The Group started business in 1976 with a commodity trading and export firm. Today, Essel Group of Companies is a vast conglomerate of Media,Technology, Entertainment, Packaging, Infrastructure, Education, Healthy Lifestyle & Wellness, Financial Services and Precious Metals with worldwide operations and a workforce of over 10,000 dedicated employees.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2017 M&A 1 of 1