MBO of VNUNet Europe - Mostly
Last week, VNUNet Europe completed a Management Buy-Out from 3i, the recent owners of VNU Business Media Europe. Most of former VNUNet Europe will be re-named NetMediaEurope. The MBO was led by VNUNet's former CEO, Dominique Busso, with financing from an old mate, Jean Francois Fourt, co-founder of Truffle Capital.
The new pan-European network will have a presence in France, Germany, Spain and Italy. At this point, the targets remain the European IT professional and decision maker audience through the existing brands: VNUNet, Silicon, The Inquirer and Gizmodo. The new headquarters and the holding company will be based in France.
NetMediaEurope will continue to have an internal sales team in each country and it will represent exclusively VNUNet UK and VNUNet Netherlands through a dedicated European team based in London.
Yes, VNUNet UK and VNUNet Netherlands were not part of the purchase. More on this later.
I wish the new team and my old colleagues the best of luck!
See the attached press release.
So will you rep these James?
Any more news on Global? MBO part deux?
Also want a link exchange?
All the best to Steve et al.
Posted by: Briggsie | July 16, 2007 at 03:12 AM
Currently, VNU Global Media is still rep'ping all the VNU titles. However, this could change in the near future so I will keep you posted.
Posted by: James Miller | July 16, 2007 at 07:41 AM
lol.i like it
Posted by: wow powerleveling | August 30, 2007 at 12:41 AM
really,it is good,lol
Posted by: wow gold | August 30, 2007 at 12:42 AM