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July 9, 2008By Michael Cader

Weltbild: Clarified In Translation

July 9, 2008By Michael Cader

More information on the potential sale of Germany’s Weltbild, which a colleague there calls “the biggest fish to come on to the market” in some time, with sales of approximately 2 billion euros a year, and a market value estimated at about 1 billion euros a year. Holtzbrinck is already a 50-percent owner of Weltbild’s publishing company Droemer and is thought to be interested primarily in that piece of the empire. Separately, Weltbild is a 50-percent partner with Hugendubel in a holding company that operates multiple bookstore chains, including Hugendubel, Weltbild plus and Jokers, and most recently, they took over […]

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Filed Under: News Tagged With: Acquisitions, Arcandor, Droemer, For Sale, Holtzbrinck, International, Weltbild

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