Deal Announcement
goetzpartners advised DuMont on the sale of Berliner Verlag, Mediengruppe Mitteldeutsche Zeitung and Hamburger Morgenpost Medien
Following the successful completion of its realignment to become a media group with three dedicated business segments (i.e. Regional Media, Business Information and Marketing Technology) by the end of 2018, DuMont Mediengruppe (“DuMont” or the “Company”) initiated a portfolio review of its Regional Media business segment in the course of 2019. goetzpartners Corporate Finance ("goetzpartners") advised DuMont during this portfolio review which ultimately led to three separate M&A transactions.
As a first step, DuMont announced the sale of Berliner Verlag to entrepreneurs Silke and Holger Friedrich in September 2019. The transaction included i.a. Berlin’s widest-reaching newspaper Berliner Zeitung, newspapers Berliner Kurier and Berliner Abendblatt and its digital offering BerlinOnline.
Subsequently, DuMont announced the sale of Mediengruppe Mitteldeutsche Zeitung to Bauer Media Group in January 2020. With around 1,100 employees, Mediengruppe Mitteldeutsche Zeitung publishes i.a. Mitteldeutsche Zeitung, the largest regional newspaper in Southern Saxony-Anhalt, with a daily circulation of around 162,000 copies and 17 local editions.
Finally, DuMont announced the sale of Hamburger Morgenpost Medien to entrepreneur Arist von Harpe in February 2020. The scope of this transaction included i.a. Germany's oldest tabloid newspaper Hamburger Morgenpost, Northern Germany’s widest-reaching digital news-portal mopo.de (reach of c. 25 million visits) and mixed reality experience world “Discovery Dock” in the port of Hamburg.
goetzpartners acted as exclusive M&A advisor to DuMont, further underlining our competence in the TMT industry.
ABOUT DUMONT
Startup company with 400 years tradition. Entrepreneurial courage, creative will and the search for relevant contents and innovations have been a common thread in DuMont’s history from day one. Today, DuMont has positioned itself as a digital media and technology company with three business segments: Regional Media, Business Information and Marketing Technology.
TRANSACTION TEAM
Dr. Stephan Goetz
Managing Partner
Dr. Jan-Hendrik Röver
Managing Director
Email
Andreas Hering
Director
Markus Rosen
Associate Director
Maksim Defer
Analyst
Karim Hassan
Analyst