On Jan. 1, managing directors Hauke Berndt and Manuel
Scheyda together with the strategic investor Alexander Eck took over ppi Media
as part of a management buyout, the company says.
With the
management buyout, ppi Media is separating from the Eversfrank Group, which
acquired the company from manroland in 2012. The software company, with over
100 employees at its locations in Kiel and Hamburg , Germany ,
as well as Chicago ,
sells integrated software solutions.
The buyout
enables ppi Media to focus its digital solutions on the challenges of the media
industry, the company says. “We will invest even more specifically in products
and markets that will strengthen and expand ppi Media’s position in the
publishing industry in the long term,” says Berndt, managing director.
“The
decision to take the helm at ppi Media was an easy one. We are optimally
positioned in a media environment characterized by innovation and change,” says
Scheyda.
In addition
to the two managing directors, who together hold most of the shares, strategic
investor and IT entrepreneur Alexander Eck will become a shareholder of ppi
Media and will advise the management on strategic issues.
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