Corporate | 28 March 2011 09:22
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YOC AG / Key word(s): Acquisition/Merger
YOC buys French mobile advertising company MobilADdict Sàrl Berlin, March 28, 2011 – YOC (Frankfurt, Prime Standard, ISIN DE0005932735) takes over 100% of MobilADdict Sàrl with its registered office in Paris. With this acquisition, the YOC Group consistently continues its international growth strategy and extends its leadership and presence in all European core markets. The strategic acquisition of France's second-largest mobile advertising premium network pushes the international growth of the YOC Group. 'With the acquisition of MobilADdict Sàrl, we extend our market leadership and presence in all European core markets, which enables us to optimally meet our customers' demand for international campaigns. Its good market position and the great expertise of the existing French staff were decisive factors for the acquisition', says YOC CEO Dirk Kraus.
Since the customer portfolios of the two companies do not overlap, YOC's sales volume on the French market is increasing considerably. YOC's international advertiser network extends to include renowned publishers such as 20 Minutes, M6, NRJ, BFM and RMC, which makes it even more attractive to advertising companies. The customers of MobilADdict Sàrl include Yahoo, Renault, McDonalds's or Lufthansa and numerous other well-known marketing networks and agencies.
For further information, please go to www.yoc.com and www.mobiladdict.com
End of Corporate News 28.03.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | YOC AG | |
| Karl-Liebknecht-Str. 1 | ||
| 10178 Berlin | ||
| Deutschland | ||
| Phone: | +49 (0)30-72 61 62 202 | |
| Fax: | +49 (0)30-72 61 62 222 | |
| E-mail: | anna.augar@yoc.com | |
| Internet: | www.yoc.com | |
| ISIN: | DE0005932735 | |
| WKN: | 593273 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 117150 28.03.2011 |