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  5. Fairfax Media Acquires Ben & Jerry’s Openair Cinemas

M&A Deal Summary

Fairfax Media Acquires Ben & Jerry’s Openair Cinemas

On October 2, 2015, Fairfax Media acquired media company Ben & Jerry’s Openair Cinemas

Acquisition Highlights
  • This is Fairfax Media’s 6th transaction in the Media sector.
  • This is Fairfax Media’s 9th transaction in Australia.

M&A Deal Summary
Date 2015-10-02
Target Ben & Jerry’s Openair Cinemas
Sector Media
Buyer(s) Fairfax Media
Deal Type Add-on Acquisition

Target

Ben & Jerry’s Openair Cinemas

East Perth, Australia
Ben & Jerry’s Openair Cinemas is a business operating open air cinemas in six Australian states and territories. Australian Openair Cinemas, with Ben & Jerry’s as naming rights partner, was originally established at Sydney’s Bondi Beach in 2003 and has since expanded to operate in Melbourne, Brisbane, Canberra, Adelaide, Perth and this year for the first time at the Gold Coast.

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Buyer(S) 1

Buyer

Fairfax Media

Pyrmont, Australia
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 11 of 11
Sector: Media M&A 6 of 6
Type: Add-on Acquisition M&A Deals 10 of 10
Country: Australia M&A 9 of 9
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-30 Radio 96FM Perth Pty

East Perth, Australia

Radio 96FM Perth Pty Ltd. is a provider of radio broadcasting services.

Sell $78M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-31 TenderLink.com Pty

Melbourne, Australia

TenderLink.com Pty Ltd. is a provider of central gateway for the advertisement and management of tenders, quotes and expressions of interests published by government, public and private sector procurers.

Sell -
Mergr

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