Publigroupe sells Stadtanzeiger Olten to AZ Medien
Publigroupe is selling the Stadtanzeiger Olten. The marketing, sales and services group for media and advertisers is selling 100 percent of the capital of Stadtanzeiger Olten AG, which publishes the free weekly newspaper of the same name with a circulation of 49,000 copies, to AZ Medien AG.
Publigroupe is selling the Stadtanzeiger Olten. The marketing, sales and services group for media and advertisers is selling 100 percent of the capital of Stadtanzeiger Olten AG, which publishes the free weekly newspaper of the same name with a circulation of 49,000 copies, to AZ Medien AG. However, Publicitas, which belongs to Publigroupe, will continue to market the Stadtanzeiger Olten exclusively.
Publigroupe had already sold AZ Medien its 35% stake in Vogt-Schild-Holding, the publisher of the Solothurner Zeitung, in 2005. This transaction will enable AZ Medien to further expand its market position in the Mittelland region. For Publigroupe, the sale of Stadtanzeiger Olten is also part of the strategy it has been pursuing for several years to gradually reduce its publishing holdings in Switzerland, the company wrote in a press release on Wednesday.
Publigroupe had already sold AZ Medien its 35% stake in Vogt-Schild-Holding, the publisher of the Solothurner Zeitung, in 2005. This transaction will enable AZ Medien to further expand its market position in the Mittelland region. For Publigroupe, the sale of Stadtanzeiger Olten is also part of the strategy it has been pursuing for several years to gradually reduce its publishing holdings in Switzerland, the company wrote in a press release on Wednesday.
