FORUM MEDIA GROUP GMBH

Growth for the FMG: The Merching media group acquires the leading legal publishing house "Editorial Jurídica Sepín", based in Madrid.The family-run company was founded in 1982 and is specialized in digital and printed information for judges, lawyers, tax consultants and property managers.

Sepín achieves an annual turnover of approximately 4.5 million EUR - of which more than 80 percent with digital products. The current management is staying on board to run the business.

Sepín CEO Daniel Loscertales Costas: "We are looking forward to working together within an internationally highly successful media group. Together with the FORUM MEDIA GROUP, we will continue our growth path and invest in innovative and high-quality products for our customers. "

The acqusition of Sepín is the fourth successful deal for the FMG this year. In May, the media group had acquired "Veterinary Practice News" - a leading B2B magazine for veterinarians on the US magazine market. In April, the FORUM subsidiary DoldeMedien (Stuttgart, Germany) expanded its special interest portfolio by acquiring "RUNNING - Das Laufmagazin". In March, the FMG acquired the majority of Lighthouse Independent Media based in Singapore and Hong Kong.

FMG Managing Director Mihaela Mravlje: "With the acquisition of Sepín we are not only expanding our digital competence but are also opening up new premium target groups. In addition, we gain a valuable access to the global Spanish speaking media market."