DEAG acquires majority stake in Airbeat One festival

DEAG has acquired a majority stake in Airbeat One, an electronic music festival which takes place annually in northern Germany. Founded in 2002 by Music Eggert, the festival typically attracts around 60,000 visitors to Neustadt-Glewe in Mecklenburg-Vorpommern each year.

DEAG has acquired a majority stake in Airbeat One, an electronic music festival which takes place annually in northern Germany.

Founded in 2002 by Music Eggert, the festival typically attracts around 60,000 visitors to Neustadt-Glewe in Mecklenburg-Vorpommern each year.

According to DEAG, Airbeat One is now the largest electronic music festival in northern Germany and one of the largest in Germany.

Following the acquisition, Sebastian Eggert from Music Eggert becomes managing director of Airbeat One GmbH, the new organiser of Airbeat One.

With his team, which will remain entirely with…

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