M/22/059 – Bauer Media / Siteridge Limited (RedFM)
Transaction details
The proposed acquisition by Bauer Media Audio Holding GmbH of sole control of Siteridge Limited, trading as RedFM, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday November 16, 2022 | Thursday, December 22, 2022 |
| Parties Involved | Business activities |
|---|---|
| Bauer Media Audio Holding GmbH | Heinrich Bauer Verlag KG ("Bauer") is the ultimate parent of Bauer Media Audio Holding GmbH. Bauer is a privately-owned German media business. It reaches over 200 million consumers worldwide and operates in 14 countries: the Czech Republic, Denmark, Finland, France, Germany, Israel, Norway, Poland, Portugal, Slovakia, Spain, Sweden, the UK and Ireland. |
| Siteridge Limited (RedFM) | Siteridge Limited trades as RedFM and operates the RedFM radio channel and the Cork RedFM Mobile app, aggregating its content. It is a local (Cork-centric) commercial radio station, licenced by the Broadcasting Authority of Ireland ("BAI") which broadcasts, pursuant to this licence, throughout Cork city and county. |
| Economic sector | Media merger |
|---|---|
| Media | Yes |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, December 2, 2022 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Craig Whelan | Email: craigwhelan@ccpc.ie Phone: 01 402 5504 |
| David Sheahan | Email: davidsheahan@ccpc.ie Phone: 086 084 9318 |
Media enquiries: communications@ccpc.ie
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555