Business News Deals Live Business

Eventim takes complete ownership of Scandinavian ticketing firm 

By | Published on Wednesday 8 August 2018

Eventim

German ticketing giant CTS Eventim continues to expand its share of the European live and ticketing markets through a new deal in the Nordic region.

Eventim has confirmed it is now the sole owner of Venuepoint, a ticketing business it first bought into back in 2016. It has now bought out the other shareholder in the company, Nordisk Film. The new deal, Eventim says, will result in a “simplified ownership structure” as the business looks to further expand in Denmark, Norway and Sweden.

Confirming the transaction, Eventim COO Alexander Ruoff said: “The Scandinavian countries are particularly attractive to us, not only because of their spending power but also because of their strong digital affinity. Therefore, we are very much looking forward to actively contributing to Venuepoint’s further growth over the long term. At the same time, I sincerely thank our former co-owners at Nordisk Film for our trustful collaboration and all the progress we have achieved over the past two years”.

Venuepoint CEO Jens B Arnesen will continue to lead the company. After thanking out going owners Nordisk Film, he said yesterday: “I’m looking forward to further developing our business with the unique expertise of Europe’s leading ticketing provider CTS Eventim. I am sure that we will benefit not only from their resources and network, but also from the new and simplified ownership structure”.



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