Trade Sale Musik-Service to Thomann
WALTER FRIES Corporate Finance advised the largest musician community in the DACH region – the music service Musiker Board – inn its sale to the Musikhaus Thomann.
Musikhaus Thomann considers the acquisition of the musicians’ forum a strategic benefit. The team will remain in place and the know-how developed by Musiker Board is therefore preserved.
»I was really impressed with the extremely professional approach, all the way from the extensive consultation and analysis. The communication and the working style of the entire WALTER FRIES Group of Companies throughout the entire process was a thoroughly enjoyable and highly motivating experience.«
About Musiker Board
With more than 50,000 German visitors a day, Musiker Board is the largest forum for musicians. 200,000 active members discuss current issues in the areas of music industry, music production and instruments in more than 6 million contributions. www.musiker-board.de
About Musikhaus Thomann e.K.
The company Thomann was founded by Hans Thomann in Burgebrach (Bavaria) in 1954. Thomann currently employs 980 staff and with an annual revenue of over EUR 500 million, it is the largest music supplies retailer in Europe. More than 25,000 items from the world of music are in stock at all times, spread over 10,000 pallet slots and an area of 7,700 sqm. Since 2004, customer numbers have roughly doubled with current figures above 4.5 million customers. www.thomann.de