Affichage Holding: sale of interests in Italy
Affichage Holding SA has sold to the existing minority shareholder its 85% stake in First Avenue GmbH, a company based in Bozen/Bolzano in Italy, that it held through APG Allgemeine Plakatgesellschaft AG.
As planned, therefore, it is withdrawing from this region. The group has thus taken a further step towards implementing its strategy – already pursued vigorously in the past year – of scaling back its international portfolio and focusing on its core Swiss business.
About the company
Affichage Holding SA is Switzerland's leading "out of home" media company. Listed on the SIX Swiss Exchange in Zurich, Affichage covers all aspects of out of home advertising: on the street, at the airport, in shopping centres and train stations, in mountain regions and on public transport – from poster campaigns with the widest coverage and large poster spaces to state-of-the-art digital advertising media. When communicating with customers, the authorities and the advertising industry, Affichage represents sustainability, innovation, environmental responsibility and competency.
Contact
Dr Daniel Hofer, CEO, Affichage Holding SA, Giesshübelstrasse 4, 8045 Zurich
Tel.: +41 58 220 71 66
E-mail: daniel.hofer@affichage.com
Affichage Holding AG Media Office, Giesshübelstrasse 4, 8045 Zurich
Tel.: +41 58 220 70 71
E-mail: media@affichage.com