Süddeutscher Verlag (SV) has acquired London-based company Ultima Media Ltd.
The British company is a B2B specialist with websites, magazines, conferences and other network events, which are read and carried out worldwide in automotive markets. These include Western and Central Europe, Russia, North America, South America, China and India.
The transaction included the main brands of the company are Automotive Logistics, Automotive Manufacturing Solutions (AMS) and Car Design News .
“The acquisition of Ultima Media by Süddeutsche Verlag is the next logical step in the implementation of its own growth strategy,” the publisher says. The Ultima Media portfolio in the automotive target group is an “ideal extension of the already existing B2B information offer for the automotive industry”. John McGovern, CEO & Owner, Grimes, McGovern & Associates represented Ultima in the transaction.
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