CTS brings together Switzerland’s wepromote and abc
Eventim acquisition of Gadget abc Entertainment Group includes wepromote festival assets OpenAir St Gallen, SummerDays, Seaside and Unique Moments
News By Gordon Masson | 23 January 2020
CTS Eventim has acquired a majority stake in newly founded Swiss powerhouse Gadget abc Entertainment Group AG, which unites André Béchir’s abc Production with the wepromote consortium of companies.
The deal gives both Eventim and Live Nation significant Swiss holdings, after the latter’s purchase of Mainland Music in January last year.
The wepromote joint venture was formed four years ago by a group of Swiss promoters including Gadget Entertainment, Incognito Productions, wildpony, OpenAir St Gallen, SummerDays Festival,…
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