FKP Scorpio acquires Norway’s Nordic Live
FKP makes its second agency move in a week, bolstering its Norwegian division by acquiring a majority stake in Oslo-based Nordic Live
News By | 14 January 2020
Germany’s FKP Scorpio has acquired a majority stake in Nordic Live – formerly Norway’s largest independent booking agency – in its first acquisition and third major business development of the new decade.
Oslo-based Nordic Live was founded in 2017 by Erica Leypoldt, Kim Nordbæk, Ottar Schanke Eikum and Joël Schwalenstöcker, formerly of Live Nation, Ultimat Artist, Mentometer and TimeOut Agency, respectively. The agency represents more than 60 domestic and international acts, including Alan Walker, Ina Wroldsen and Gabrielle.
“We have been able to carve out a decent slice of the Norwegian market in just a few years as one of the very few remaining independents,” say the quartet in a joint statement. “We have done everything ourselves and our own way, but once we…