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DEAG DEUTSCHE ENTERTAINMENT AKTIENGESELLSCHAFT (FRA:ERMK) EQS-News: DEAG Deutsche Entertainment Aktiengesellschaft: Kilimanjaro Group further expands market position in the UK and opens office in Wales

Transparency directive : regulatory news

04/10/2023 11:00

EQS-News: DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Miscellaneous
DEAG Deutsche Entertainment Aktiengesellschaft: Kilimanjaro Group further expands market position in the UK and opens office in Wales

04.10.2023 / 11:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Corporate News

DEAG: Kilimanjaro Group further expands market position in the UK and opens office in Wales

Berlin, 4 October 2023 – DEAG Deutsche Entertainment Aktiengesellschaft (“DEAG”) is continuing its dynamic expansion course in Europe. The British DEAG subsidiary Kilimanjaro Group is strengthening its presence in Wales by opening its own office. This means that DEAG, through Kilimanjaro, is now represented in the UK as a fully national tour operator with offices in England, Scotland and Wales. The UK is one of DEAG’s core markets – the Group is one of the leading tour operators there and has achieved enormous growth since 2014. The Kilimanjaro Group has organised concerts by Ed Sheeran and the Stereophonics as well as the Wakestock music festival, among other acts, in Wales, in recent years. With the opening of the new office, DEAG will be able to further streamline its various activities in the UK even more closely and bundle its offerings. In particular, DEAG will benefit from synergies in the ticketing and live entertainment businesses, including working with DEAG subsidiaries Regular Music in Scotland and Singular Artists in Ireland, as well as the ticketing platforms myticket.co.uk, gigantic.com and tickets.ie.

Pablo Janczur will be the Managing Director of the Wales office. Janczur has many years of experience in the music business and has successfully staged many concerts and events by international artists such as Simply Red, Pete Tong, Bryan Adams, Gerry Cinnamon, Lionel Richie, Queens of the Stone Age, Noel Gallagher’s High Flying Birds, Diana Ross, George Ezra and Sam Fender, among other performers, over the past 20 years.

Detlef Kornett, Co-CEO of DEAG: “DEAG continues to grow successfully with Kilimanjaro. With the opening of the new office in Wales, Kilimanjaro will be able to act more flexibly as a national promoter and better serve the needs of visitors in Wales. We expect to see significant growth from working with our other offices in the UK and beyond. We are delighted to welcome Pablo Janczur, an experienced professional with extensive know-how and a broad industry network, to the DEAG family as Managing Director of our Wales office.”

About DEAG

DEAG Deutsche Entertainment Aktiengesellschaft (DEAG), a leading entertainment service company and live entertainment provider, produces and promotes live events of all genres and sizes in Europe. With its group companies, DEAG has been present at 20 locations in its core markets of Germany, Great Britain, Switzerland, Ireland and Denmark. As a live entertainment service provider with an integrated business model, DEAG has extensive expertise in the conception, organisation, promotion and production of events.

Founded in Berlin in 1978, DEAG's core business areas today include Rock/Pop, Classics & Jazz, Family Entertainment, Spoken Word & Literary Events, Arts+Exhibitions and Ticketing. Live Entertainment for all generations including Arts+Exhibitions are important building blocks for the further development of DEAG's own content.

For around 6,000 events, over 10 million tickets are sold annually for proprietary and third-party content - a continuously growing share of these is sold via the group's proprietary e-commerce platforms myticket.de, myticket.at, myticket.co.uk, gigantic.com and tickets.ie.

DEAG is thus excellently positioned for further growth.

Investor & Public Relations

Axel Mühlhaus, edicto GmbH
Eschersheimer Landstraße 42
60322 Frankfurt/Main
Germany
Phone: 0049 69 905505-52
E-mail: deag@edicto.de



04.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: DEAG Deutsche Entertainment Aktiengesellschaft
Potsdamer Straße 58
10785 Berlin
Germany
Phone: +49-30-810 75-0
Fax: +49-30-810 75-519
E-mail: deag@edicto.de
Internet: www.deag.de
ISIN: NO0012487596
WKN: A351VB
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1741135

 
End of News EQS News Service

1741135  04.10.2023 CET/CEST

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