Eventim to acquire stake in market-leading France Billet

CTS Eventim is seeking to significantly increase its presence in France with the acquisition of a stake, initially 48%, in Fnac Darty's France Billet

News By | 24 July 2019

Fnac is France's largest electronics retailer © Fnac Portugal

CTS Eventim has announced plans to acquire a stake in France Billet, by far France’s leading primary ticket agency, in a major expansion of its activities in the €800 million French live music market.

Bremen-based CTS Eventim, Europe’s largest ticket seller, says it is in “exclusive negotiations” with the Fnac Darty group, which owns France Billet, to establish a French joint venture, expected to be up and running by the end of 2019. Under the proposed strategic partnership, Eventim would acquire…

You've used your free article this month

Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.

Subscribe Create a Free Account

Share this

MOST POPULAR

Related Content

Enrique Martinez, France Billet, Fnac Darty

CTS Eventim completes acquisition of France Billet stake

Germany's CTS Eventim and Fnac Darty have finalised negotiations, initiated at the end of July, to merge their ticketing operations in France

News 1 November, 2019

Alexandre Bompard, Fnac Darty, TimSimm, Deezer strategic alliance

Fnac partners with Deezer for gig recommendations

French ticketing and retail giant Fnac has entered a "strategic alliance" with the streaming service to boost ticket sales for its shows

News 15 March, 2017

CTS Eventim shares are listed on the Frankfurt Stock Exchange

Public live companies grow $1bn+ per quarter since 2017

The major stock market-listed live businesses have increased their market caps by a collective $8.3bn since mid-2017 – $7bn of it this year alone

News 20 August, 2019

Back to top