News - 01/02/2018

CTS EVENTIM acquires majority stake in D’Alessandro e Galli Italian promoter

CTS EVENTIM acquires majority stake in D’Alessandro e Galli Italian promoter

CTS EVENTIM, one of the leading international providers of ticketing services and live entertainment, acquired 60% of the shares in D’Alessandro e Galli (Di and Gi), the Italian promoter of festivals and concerts.

The transaction, which has already been put into effect, gives CTS EVENTIM access to an attractive portfolio of festivals and artists which strategically complements the company’s existing activities in Italy.

Klaus-Peter Schulenberg, CEO of CTS EVENTIM, commented:

With TicketOne, we have been the leading ticketing provider in Italy for more than ten years. Now we have progressed, within a very short period, to become the market leader in the live entertainment segment as well. This is a milestone in our internationalisation strategy. The Italian market is one of the most diversified and attractive in Europe – and there can hardly be a promoter that symbolises its creativity and vitality as much as D’Alessandro e Galli.

Di and Gi celebrated its 30th anniversary last year and has established itself during that time as one of the leading promoters of festivals, tours and concerts in Italy. Artists whose shows in Italy have been organised by Di and Gi in recent years include Adele, Justin Bieber, David Bowie, Paul McCartney, Bob Dylan, Elton John, Mark Knopfler, Jennifer Lopez, Ennio Morricone and Paul Simon. The annual festival highlight is the internationally
renowned ‘Lucca Summer Festival’.

Mimmo D’Alessandro will continue to manage the operations of Di and Gi jointly with co-founder Adolfo Galli.

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