Ad hoc press release
Goldbach Group to sell web TV platform Wilmaa to its founder Thomas Gabathuler
Küsnacht-Zürich, December 22nd, 2014. Goldbach Group AG, leading communications expert for online marketing and the marketing of private electronic, mobile and interactive media in German-speaking Europe, Poland and the Adriatic region, is selling its 67% stake in Wilmaa GmbH to Thomas Gabathuler. This will enable Goldbach to focus fully on its core business as a neutral advertising aggregator.
As part of its strategy planning, Goldbach has decided to focus its efforts on its core services as a digital sales house and agency business. This enables Goldbach to operate in the market as a neutral advertising aggregator.
As founder, CEO and minority shareholder, Thomas Gabathuler today plays a key role in the ongoing development and operation of the Wilmaa GmbH web TV platform. Mr Gabathuler has a 33% stake in Wilmaa GmbH, and will acquire the remaining 67% of shares currently owned by the Goldbach Group as of 22 December 2014. He also holds a strategic interest in Wilmaa Digital World AG, the operator of the Wilmaa TV Box. This move means that Wilmaa will once again be fully owned by the "Father of Wilmaa", thereby ensuring that the web TV platform and its services will continue to be developed and promoted in the market. As a countermove to this, Goldbach is withdrawing from the web TV platform business and will instead concentrate on advertising the platform in relevant markets as part of a long-term cooperation agreement.
Goldbach and Thomas Gabathuler are convinced that this step is critical for the ongoing development of Wilmaa. Roland Wittmann, Chief Strategy Officer of Goldbach Group, responsible for M&A: "Wilmaa and Goldbach will be working together in a strategic partnership, each partner focused on its core competence".
The price is subject to a confidentiality agreement.
Further information:
Investor Relations:
Goldbach Group AG
Germaine Müller
Project Manager Investor Relations
T +41 (44) 914 93 41
germaine.mueller@goldbachgroup.com
Goldbach Group Company Profile
The Goldbach Group is the leading network for electronic communication solutions and a logistics centre for the marketing and representation of advertising in private electronic media in the areas of television, internet television, radio, digital out of home, online display, in-game, search advertising and mobile advertising. The company is based in Switzerland (Kusnacht-Zurich) and is active in the whole DACH region (Switzerland, Germany, Austria), in Poland and in the Adriatic region (Slovenia, Croatia, Serbia). The Group's core business comprises planning, consulting, creation, concept development, purchasing and implementation through to assessment of the deployment of electronic offline and online media and cross-media campaigns.
Goldbach Group has been quoted in the main standard of the SIX Swiss Exchange since June 15th, 2007 resp. in the domestic standard since December 8th, 2014 (Valor 487094, ISIN CH0004870942, Ticker-Symbol: GBMN).
Further information: www.goldbachgroup.com oder www.goldbach.com
Contact:
Goldbach Group AG
Germaine Müller, Investor Relations Manager
Corinne Laverrière, Public Relations Manager
Seestrasse 39
8700 Küsnacht-Zurich
Phone +41 (44) 914 91 00
Fax +41 (44) 914 93 60
www.goldbachgroup.com
