M/24/020 – Bauer Media/WKW FM Limited (Beat 102 103)
Transaction details
The proposed acquisition by Heinrich Bauer Verlag Beteiligungs GmbH, through its wholly-owned subsidiary Bauer Media Audio Holding GmbH, of the entire issued share capital, and thus sole control, of WKW FM Limited, trading as Beat 102 103, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Thursday March 28, 2024 | Thursday, May 9, 2024 |
| Parties Involved | Business activities |
|---|---|
| Heinrich Bauer Verlag Beteiligungs GmbH | Heinrich Bauer Verlag KG ("Bauer") is the ultimate parent of Heinrich Bauer Verlag Beteiligungs GmbH and Bauer Media Audio Holding GmbH. Bauer is a privately-owned German media business. It reaches over 200 million consumers worldwide and operates in 13 countries: the Czech Republic, Denmark, Finland, France, Germany, Norway, Poland, Portugal, Slovakia, Spain, Sweden, the UK and Ireland. |
| WKW FM Limited | WKW FM Limited is a subsidiary company of The Irish Times Designated Activity Company. WKW FM Limited operates the Beat 102 103 radio channel and associated Beat 102 103 mobile app aggregating its content. Beat 102 103 is a regional commercial radio station, licensed by the Coimisiún na Meán which broadcasts, pursuant to its licence, in County Waterford, County Carlow, County Kilkenny, County Wexford and South County Tipperary. |
| Economic sector | Media merger |
|---|---|
| Media | Yes |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, April 16, 2024 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| David Sheahan | davidsheahan@ccpc.ie |
| Éadaoin Burns | eadaoinburns@ccpc.ie |
Media enquiries: communications@ccpc.ie
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