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ARGUS DATA INSIGHTS Holding, Zurich acquires newsWorks GmbH & Co. KG, Hamburg. paprico ag advises the buyer as transaction advisor in the evaluation, company valuation, structuring, due diligence and execution of the acquisition.

ARGUS DATA INSIGHTS Holding AG takes over newsWorks GmbH & Co. KG,based in Hamburg, from CCS Content Conversion Specialists GmbH. newsWorks is a German software company focused on providing digital press reviews.

 

newsWorks has been active in the German market since 1993 and employs 8 people at its headquarters in Hamburg. Today, around 80 customers use their software solution for the provision of digital press reviews and value their expertise in the procurement, digitisation and processing of print media. The seller of newsWorks is CCS Content Conversion Specialists GmbH, also based in Hamburg, which focuses on the digitisation and archiving of historical document collections. newsWorks will remain as an independent company under the leadership of CEO Gerald Schreibers.

 

Oliver Spring, Group CEO of ARGUS DATA INSIGHTS: "I am delighted to welcome the newsWorks team to the ARGUS DATA INSIGHTS family. We already know newsWorks. Their software module for the digital cutting of print articles (Cut&Paste) has been successfully used in the Swiss production line for many years and the cooperation has always been very professional. In the course of the digital transformation of the classic media monitoring and media mirror in Germany, we will jointly develop a new, completely digital print production line including the media mirror. We will combine the expertise from both worlds to develop a stable and high-performance print media production line for the ARGUS Group."

 

Gerald Schreiber, CEO of newsWorks: "The new partnership will result in considerable advantages for us. On the one hand, we benefit from the great knowledge of our buyer, on the other hand, we find even better framework conditions for our future development at ARGUS DATA INSIGHTS. I am looking forward to the cooperation."

 

About ARGUS DATA INSIGHTS Holding AG: ARGUS DATA INSIGHTS Holding AG is the leading provider of media monitoring and analysis in the DACH region. It employs more than 500 people in Switzerland, Germany, France and Spain.


Published:18/10/2021
(336 Worte)

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