Pérez-Llorca advises Gruner + Jahr on Spanish subsidiary sale

Pérez-Llorca acted for German media company Gruner + Jahr on the sale of its Spanish business to Axos Midcap.


Axos Midcap was advised by VCGH Abogados on the deal, according to Mergermarket.

Gruner + Jahr’s 2015 revenues totalled €1.54 billion.

The company’s leading titles include National Geographic and it owns a 59.9 per cent stake in Motor Presse Stuttgart, one of the biggest special interest magazine publishers in Europe.

Ben Cook