Mediatec News %>

16 Dec

Mediatec Group: acquisition of company

Consolidation continues when Mediatec Group acquires Twentyfourseven Mobile Links and strengthens equipment and personnel capacity.

Prisma Outside Broadcast, part of Mediatec Group, has acquired Twentyfourseven Mobile Links. The agreement was signed on December 2, 2008, and means an addition of both technology and competence. Prisma Outside Broadcast is one of Scandinavia’s largest corporations in the OB market. The acquisition leads to a completion of Prisma’s existing portfolio of services and products. Managing Director, Paul Henriksen, comments:

– This is a perfect supplement of our existing link business, and it will make it even easier for us to offer our clients total solutions. We have noticed an increasing demand for cost effective production and contribution services.

The business of Mobile Links, including eight employees, twelve link buses and link equipment, becomes part of Prisma Outside Broadcast. Kent Lundgren, Managing Director of Twentyfourseven Holding, is content:

– We are focusing on our core business, which will be advantageous to our rent clients. It feels good to convey the business to one of the industry’s leading corporations in Scandinavia.

The two corporations also have plans for a closer collaboration in the renting sector.

For further information, contact:

Paul Henriksen CEO, Prisma Outside Broadcast AB +46 761 28 76 03

Kent Lundgren CEO, Twentyfourseven Holding AB +46 705 67 11 11