Jürg Marquard sells 20 percent of his Marquard Media Group
Bijan Khezri, Group CEO and Delegate of the Board of Directors, is acquiring a 20 percent stake in the Marquard Media Group through a capital increase.
Jürg Marquard, Founder and Chairman of the Board of Directors of Marquard Media Group, commented in an announcement on Tuesday: "For more than 18 months, Bijan and I have been building a partnership for the future. In a very short period of time, far-reaching restructurings have been initiated and partially completed to position Marquard Media Group for the implementation and scaling of new business models and the entry into new business areas. Opening up the capital structure for the first time in the company's more than 50-year history is an important strategic milestone and ushers in a decisive growth chapter."
Bijan Khezri adds: "We are the 'speedboat' of the media industry. In a short time, we have implemented completely new business approaches in all areas of gaming, IT, and lifestyle in all core markets, thus laying the foundation for substantial growth. Within the next few years, Marquard Media will once again assume the pioneering role in Europe that defined the founding years and decisive phases of the company's entire history. My investment represents the unique partnership with Jürg Marquard and the significant potential for value creation that we will unleash together."
