CTS acquires majority stake in Friends and Partners
The acquisition of Ferdinando Salzano’s rebranded F&P Group follows that of Vertigo, as CTS Eventim bolsters its presence in Italy
News By IQ | 9 November 2017
CTS Eventim is to acquire a 60% stake in Ferdinando Salzano’s Friends and Partners, further strengthening its position in the Italian market.
The German live entertainment giant has had a presence in Italy since 2007, when it bought a share of ticketing market leader TicketOne, and in September acquired Italian promoter Vertigo.
Friends and Partners, formed in 2001 as F&P Group, represents more than 40 Italian artists, organising tours by stars including Il Volo, Claudio Baglioni, Ligabue, Nek and Laura Pausini…
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