CTS continues Italy roll-up with Vivo acquisition
A month after its management buy-out from Warner Music, Clemente Zard's Vivo Concerti is to come under the CTS Eventim umbrella, as the German company continues to grow
News By | 17 April 2018
As expected, CTS Eventim has announced it is to acquire a controlling stake in newly independent Italian promoter Vivo Concerti, in its fourth acquisition in Italy in less than eight months.
Vivo Concerti CEO Clemente Zard led a management buy-out of the company, which had been owned by Warner Music since 2011, last month. Warner has in recent years sold off a number of its live properties, including Nous Productions in France and Neuland Concerts in Germany.
The acquisition will be…
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