Zanox takeover by Axel Springer and Publigroupe completed
The Axel Springer publishing group and Publigroupe have finalized the acquisition of the online marketing company Zanox. With the completion of the acquisition, Zanox has announced the composition of its supervisory board. Andreas Wiele is the new chairman of the supervisory board.
The publishing house Axel Springer and Publigroupe have sealed the purchase of the online marketing company Zanox. The two companies announced in May that they were jointly acquiring the Internet specialist. Publigroupe and Axel Springer, which owns Handelszeitungs-Verlag and Jean Frey in Switzerland, intend to expand their activities in Internet-based distribution and at the same time secure access to a technology platform in a rapidly growing market segment, according to a communiqué. With the finalization of the acquisition, Zanox announces the composition of the Supervisory Board: Andreas Wiele, Chief Magazine and International Officer of Axel Springer, is the new Chairman of the Supervisory Board. In addition, Jens Müffelmann and Thomas Kaiser have been appointed to the Supervisory Board. Müffelmann is Head of the Electronic Media division at Axel Springer. Thomas Kaiser is a member of Publigroupe's Group Management and responsible for Business Development.
