Fnac Darty announces the evolution of its strategic partnership with CTS EVENTIM
02 Août 2023 - 5:57PM
Fnac Darty announces the evolution of its strategic partnership
with CTS EVENTIM
Fnac Darty announces the evolution of its
strategic partnership with CTS EVENTIM
Fnac Darty announces the evolution of its
strategic partnership initiated in 2019 with CTS EVENTIM Group,
European leader in the ticketing sector.
In accordance with the terms of the agreement,
CTS EVENTIM has notified Fnac Darty of its intention to exercise
the existing call option in order to become the majority
shareholder of France Billet.
After 4 years of operations, the introduction of
new technologies and obtaining Supporter status for the ticketing
services of Paris 2024, Fnac Darty would sell 17% of the capital
and would keep 35% of France Billet. Fnac Darty would then position
itself as a key minority shareholder and continue to actively
support the ticketing business in France through its stores and the
Fnac Spectacles brand.
The transaction, which is subject to the
necessary authorizations and consultation with employee
representatives, is expected to take place within a few months.
About Fnac DartyOperating in 12
countries, Fnac Darty is a European leader in the retail of
entertainment and leisure products, consumer electronics and
domestic appliances. The Group, which has more than 25,000
employees, had a multi-format network of 987 stores at the end of
December 2022, and is ranked as a major e-commerce player in France
(close to 24 million unique visitors per month on average) with its
three merchant sites, fnac.com, darty.com and
natureetdecouvertes.com. A leading omnichannel player, Fnac Darty’s
revenue was around €8 billion in 2022, 22% of which was realized
online. For more information: www.fnacdarty.com
About France BilletFrance
Billet is France's leading ticketing company, with 36 million
tickets managed in France, through its ticketing technology and
services activities. It is the leader in web distribution, with the
Fnacspectacles.com and billetreduc.com websites and 7,000 partner
sites. The network is complemented by networks of physical sales
outlets and works councils. With its subsidiaries Tick&Live and
Eventim France, France Billet is also a key player in the ticketing
management software market for entertainment and sports
professionals, notably through its status as Official Supporter of
the Paris 2024 Olympic and Paralympic Games ticketing services.
About CTS EVENTIM
CTS EVENTIM is one of the leading international
providers of ticketing services and live entertainment. Before the
outbreak of the coronavirus pandemic, around 250 million tickets
per annum were marketed using the Company’s systems – be it through
physical box offices, online, or from mobile terminals. Its online
portals operate under brands such as eventim.de, oeticket.com,
ticketcorner.ch, ticketone.it, and entradas.com. The EVENTIM Group
also includes many concert, tour, and festival promoter companies
for events like Rock am Ring, Rock im Park, Hurricane, Southside,
and Lucca Summer. In addition, CTS EVENTIM operates some of
Europe’s most renowned venues, for example the LANXESS Arena in
Cologne, the K.B. Hallen in Copenhagen, the Waldbühne in Berlin,
and the EVENTIM Apollo in London. CTS Eventim AG & Co. KGaA
(ISIN DE 0005470306) has been listed on the stock exchange since
2000 and is currently a member of the MDAX index.
CONTACTS
ANALYSTS /
INVESTORS Domitille
Vielle domitille.vielle@fnacdarty.com +33
(0)6 03 86 05 02
Laura
Parisot laura.parisot@fnacdarty.com +33
(0)6 64 74 27 18
PRESS Audrey
Bouchard audrey.bouchard@fnacdarty.com +33
(0)6 17 25 03 77
- 02082023_PR Fnac_Darty_CTS call option_VANG_
Fnac Darty (EU:FNAC)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Fnac Darty (EU:FNAC)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024