Takeover of the Swiss Ticketcorner Holding
The European ticketing company CTS Eventim signed the agreements today, Friday, in Zurich to acquire the Swiss company Ticketcorner Holding. Going forward, Ticketcorner will have access to Eventim’s entire IT infrastructure.
"The declared aim is to handle all ticket sales in Europe from a single database in future," says CTS Eventim CEO Klaus-Peter Schulenberg. In December 2009, CTS Eventim agreed a joint venture with the media company Ringier. In future, all ticketing activities are to be bundled in a joint venture company. Marc Walder, CEO Ringier Switzerland and Germany: "For Ringier, the acquisition of Ticketcorner is another important step in the consistent expansion of its commitment in the entertainment sector.
Ticketcorner has a market share of around 60 percent in Switzerland. The company sold a total of 9.3 million tickets in the 2009 financial year and generated net sales of around CHF 35 million. The seller is a consortium led by the private equity firm CAPVIS. Founded in 1987 and headquartered in Zurich, Ticketcorner employs 130 people and offers the public around 3,000 Ticketcorner points of sale, a modern call center and an Internet portal.
CTS Eventim is a European ticketing platform. More than 70 million tickets for well over 100,000 events are marketed annually via the Eventim Group's systems. In addition to the more than 8,000 stationary advance booking offices across Europe, sales via the Internet are becoming increasingly important.
Ticketcorner has a market share of around 60 percent in Switzerland. The company sold a total of 9.3 million tickets in the 2009 financial year and generated net sales of around CHF 35 million. The seller is a consortium led by the private equity firm CAPVIS. Founded in 1987 and headquartered in Zurich, Ticketcorner employs 130 people and offers the public around 3,000 Ticketcorner points of sale, a modern call center and an Internet portal.
CTS Eventim is a European ticketing platform. More than 70 million tickets for well over 100,000 events are marketed annually via the Eventim Group's systems. In addition to the more than 8,000 stationary advance booking offices across Europe, sales via the Internet are becoming increasingly important.
