Press releases
German competition authorities approve Lagardère Unlimited’s acquisition of UFA Sports
Archives Lagardère Sports and Entertainment
Paris, 16 June 2015
The German competition authorities have approved the purchase of UFA Sports by Lagardère Unlimited. By acquiring UFA Sports, Lagardère Unlimited strengthens its marketing and media business, especially in Europe, and expands its football marketing portfolio in Germany, Poland and Slovakia. UFA Sports will continue to operate its marketing activities in Germany as a separate and independent entity within the Lagardère Unlimited network of businesses.
“We are pleased that the German anti-trust authorities have approved the purchase of UFA Sports. Lagardère Unlimited has once again strengthened its market position in the global football business and further expanded its media and marketing expertise. We look forward to working with the experienced management team led by Stefan Felsing, Robert Müller von Vultejus, Nikolaus von Doetinchem and Karsten Mahlmann and we are grateful for the continuing support of Philip Cordes who will stay on as a consultant,” says Andrew Georgiou, Chief Operating Officer of Lagardère Unlimited.
“We are convinced that the Lagardère Unlimited network offers the biggest chance for Ufa Sports to grow and further develop its portfolio. We are happy that we can now benefit from the international network and look forward to working with Lagardère Unlimited”, says Robert Müller von Vultejus, Managing Director UFA Sports.
The closing process will be completed by the end of June.
PRESS CONTACT
Christophe Marchadier - Chief Communications Officer
T +44 (20) 3039 3763 - E cmarchadier@lagardere-unlimited.com
About Lagardère Unlimited
Lagardère Unlimited is a global sports and entertainment agency, with a capacity to answer to local demands and to keep inventing for our clients the creative solutions they need. We dedicate our expertise and passion toward providing our clients with privileged access to the infinite opportunities of sports and entertainment. We believe sports and entertainment create emotions and passion that generate powerful collective experiences. Lagardère Unlimited has more than 1,300 employees and conducts business in more than 20 countries.
About Ufa Sports
UFA Sports defines itself as a new kind of service provider to rights-holders. By developing a wide range of strategic rights holder partnerships, UFA's core business extends into media rights distribution, sponsorship sales, corporate hospitality sales, testimonial rights and consultancy, all across a wide range of sports, including Football, Handball, Sepaktakraw, Basketball, Golf, Motorsports, Boxing and Ice Hockey.
The Sports marketing agency Ufa Sports has 63 employees in 13 offices within Germany, Poland, Slovakia, Saudi Arabia.
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