Deal Announcement: Acquisition of Eye to Eye Puzzles Ltd
Cripps has recently provided corporate legal advice to Keesing Media Group B.V. (part of the Telegraaf Media Groep N.V) on its acquisition of a minority shareholding and joint venture arrangement of Eye to Eye Puzzles Limited, a leading publisher of puzzle magazines in the UK.
With a circulation of more than 100 million puzzle magazines annually, the Keesing Media Group is the largest publisher of puzzle magazines in Europe. This new partnership allows both parties to reinforce their position in the puzzle and colouring magazine market in the United Kingdom.
The Cripps transactional team with assistance from the employment and commercial team ensured the transaction completed successfully.
Philip Alberdingk Thijm, Managing Director, Keesing Media Group said, “The whole team at Cripps provided pragmatic advice which allowed us to successfully navigate complex negotiations to an outcome all parties were happy with”.
This is one of a number of transactions Cripps has successfully completed recently. To find out more about how we can help you, please get in touch