JC Decaux (Euronext Paris: DEC), the number one outdoor advertiser in Europe and the Asia Pacific and the industry's number two worldwide, is to accomplish the acquisition of a further 50.1 % of shares in Wall AG (Berlin). As JCDecaux made known, on December 15, 2009, the German Federal Cartel Office has given its unconditional approval to the raise of stake. The acquisition will be completed with the so called 'closing' which is to be executed next week.
The stake of JCDecaux in Wall AG thus rises from 40% to 90.1%. The remaining 9.9% of shares are held by Daniel Wall. On September 15, 2009, Wall AG's founder Hans Wall had sold his majority stake to JCDecaux. From Wall's Berlin headquarters, Daniel Wall will as Chief Executive Officer continue to run the company under the name of Wall AG in Germany and Turkey. Hans Wall remains chairman of the board of directors.
Key-Facts for the Wall-Group
- International street furniture supplier and outdoor advertiser in six countries and more than 50 cities,
amongst others Berlin, Budapest, Düsseldorf, Istanbul and Sofia
- Innovative street furniture in highest-quality design; 28 different design-lines
- Made to measure solutions provided by in-house research and development unit
- Production, maintenance, and cleaning from one single source ensure highest quality standards
- Intelligent outdoor advertising on 65,000 advertising spaces with highest frequencies of exposure, and on around 6,527 means of transportation
such as tramways, busses, underground trains and trucks
- National and international sales team with 10 sales-offices, providing outstanding marketing expertise
- Marketing-portfolio in Germany: 27 cities, AirportNet, ShoppingNet, Leipzig Central Station, Berlinale Film-Festival,
bluespot, RollAd on highways, transit advertising in Berlin, including all underground stations
- turnover 2008: € 114.7 mill.; number of employees: 717