Perform acquires Dutch sports site

Perform Group, which distributes sports content across connected digital platforms, has acquired Voetbalzone, the top ranking independent sports site in the Netherlands, for an initial consideration of two million euro.

Perform Group, which distributes sports content across connected digital platforms, has acquired Voetbalzone, the top ranking independent sports site in the Netherlands, for an initial consideration of two million euro.

The group will pay an additional contingent consideration of up to 10.5m euro, depending on the EBITDA of the business for 2013-15.

Voetbalzone covers all the news from the world of football and is the number one independent sports site in the Netherlands attracting an average of two million unique users per month, and ranked as the 6th largest sport site on comScore.

Perform believes that the combination of Voetbalzone, ePlayer and its Goal.com/nl will position the group as one of the leading players in the digital sports market in the Netherlands.

Oliver Slipper, joint Chief Executive Officer of Perform, said: "We are delighted to have announced the acquisition of Voetbalzone. The Dutch market is extremely exciting and one of the leading media markets in Europe and this acquisition really positions us a strong player here.

"We have set out a growth strategy focused on augmenting Perform's strong organic growth with selective acquisitions including 'local champions' and today's announcement is an excellent example of us executing this strategy."

NR

Recommended

Broker safety – your questions answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
How demographics affects stock valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Do you own shares in Sirius Minerals? Here’s what you need to do now
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020
Why investors should be “cautiously bullish” for 2020
Stockmarkets

Why investors should be “cautiously bullish” for 2020

Analysts have been out in force making rosy predictions for stockmarkets in 2020, but while there is certainly a case for optimism, investors should r…
17 Jan 2020

Most Popular

Here’s why you really should own at least some bitcoin
Bitcoin

Here’s why you really should own at least some bitcoin

While bitcoin is having a quiet year – at least in relative terms – its potential to become the default cash system for the internet is undiminished, …
16 Sep 2020
Will a second wave of Covid lead to another stockmarket crash?
Stockmarkets

Will a second wave of Covid lead to another stockmarket crash?

Can we expect to see another lockdown like in March, and what will that mean for your money? John Stepek explains.
18 Sep 2020
Central banks want politicians to take charge – but what will they do?
US Economy

Central banks want politicians to take charge – but what will they do?

The US Federal Reserve has come to the end of the road in terms of what it can do to accelerate any recovery, says John Stepek. It's over to the polit…
17 Sep 2020