CTS Eventim confirms Barracuda acquisition

CTS Eventim has made official its acquisition of a majority stake in Barracuda Music, formerly the largest independent promoter in Austria. As reported last month, the German ticketing and concert giant planned to acquire 71% of Barracuda, which promotes some of Austria’s biggest concerts and festivals.

CTS Eventim has made official its acquisition of a majority stake in Barracuda Music, formerly the largest independent promoter in Austria.

As reported last month, the German ticketing and concert giant planned to acquire 71% of Barracuda, which promotes some of Austria’s biggest concerts and festivals. The deal has now been approved by the Austrian Federal Competition Authority (BWB), with Barracuda becoming part of the Eventim Live European promoter network.

CTS Eventim CEO Klaus-Peter Schulenberg comments: “We want to…

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