October 23, 2019
Media, Digital Media and Media
Mergers and Acquisitions
GCA Co-Advises CH Media on the Acquisition of 3 Plus
GCA, alongside UBS, has co-advised CH Media, a leading Swiss media group, on the acquisition of 3 Plus broadcasting group, a Swiss private television station. The acquisition makes CH Media the largest private Swiss TV provider and marks CH Media’s commitment to television and entertainment and an investment into its future.
CH Media reaches around two million people through regional newspapers and online portals, radio and TV stations and magazines. With over 2,000 employees, CH Media is one of the largest media companies in the country.
The 3 Plus group of channels, which produces a number of owned programs and broadcasts top international series and blockbuster free-TV premieres, is one of the most successful media houses in Switzerland.
The two companies’ national and regional TV stations will together reach 1.1 million viewers daily.
Roger Elsener, CH Media Managing Director, said: "I am delighted that we are now not only number one in Swiss private radio, but also in Swiss private TV. I would like to welcome the successful 3 Plus group of stations to CH Media. We believe in the future of moving images and entertainment. Together, we have even greater growth opportunities and will invest in new, innovative offerings."
CH Media CEO Axel Wüstmann added: "With the takeover of the 3 Plus broadcasting group, we have reached a milestone for CH Media – just one year after the founding of our joint venture CH Media.”