Cafeyn Group acquires Toutabo/ePresse to strengthen its position in French online press and media distribution market
Acquiring Company
Cafeyn Group
Acquired Company
Toutabo/ePresse
Description
Cafeyn Group has completed the acquisition of Toutabo/ePresse to solidify its leadership in the French market and pursue its ambition of creating a European champion in digital press distribution. This acquisition enables Cafeyn to enhance its selection of quality information content and broaden its distribution channels, aligning with its strategy and commitment to supporting press pluralism and assisting publishers in their innovation and audience development strategies.
Quick answer
Cafeyn Group is acquiring Toutabo/ePresse, announced June 19, 2024. Cafeyn Group is based in Paris, Ile-de-France, France.
- How much did Cafeyn Group pay for Toutabo/ePresse?
- The deal value was not disclosed.
- What does Cafeyn Group do?
- Cafeyn Group is a major player in the French online press and media distribution market.
- Where are Cafeyn Group and Toutabo/ePresse based?
- Cafeyn Group is based in Paris, Ile-de-France, France. Toutabo/ePresse is based in Saint Ouen Sur Seine, Ile De France, France.
- Who are the decision-makers at Cafeyn Group?
- Fundz holds 1 contact at Cafeyn Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Toutabo/ePresse?
Toutabo/ePresse was acquired by Cafeyn Group, based in Paris. The deal was reported on June 19, 2024. Cafeyn Group is a major player in the French online press and media distribution market. Cafeyn Group is privately held and operates in Publishing.
When did Cafeyn Group acquire Toutabo/ePresse?
Cafeyn Group's acquisition of Toutabo/ePresse was reported on June 19, 2024. Cafeyn Group has completed the acquisition of Toutabo/ePresse to solidify its leadership in the French market and pursue its ambition of creating a European champion in digital press distribution. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Toutabo/ePresse do?
Toutabo/ePresse, formerly known as Readly France and owned by the Swedish Nasdaq First North Stockholm-listed Readly International AB, is a key player in the digital press sector in France. It is privately held, and is based in Saint Ouen Sur Seine.
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