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Five Monkeys Media Transforms: New Shareholders, Acquisitions, and Expanded Portfolio

New shareholders bring publishing expertise to Five Monkeys Media. Acquisitions ensure continued employment for 59 staff and expand the group's special-interest universe.

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This picture is clicked in a conference hall. Here, we see five people sitting on chair and...
This picture is clicked in a conference hall. Here, we see five people sitting on chair and listening to the man standing on the opposite side. In front of the picture, we see a table on which laptop, marker are placed and behind the man standing, we see a table on which papers, monitor and microphone are placed on it. Behind him, we see the projector screen on the wall with some text displayed on it and on the right corner of the picture, we see white cupboard.

Five Monkeys Media Transforms: New Shareholders, Acquisitions, and Expanded Portfolio

Five Monkeys Media GmbH has undergone a significant transformation, with new shareholders and a strategic acquisition. The company, now operating as Five Monkeys Media Group, has welcomed Kouneli Holding and New C GmbH & Co. KG as new partners. This move also includes the takeover of the connect Testlab, a unique in-house facility for radio standards in Germany.

The new shareholders bring a wealth of experience in publishing, with Kouneli Holding known for its German editions of 'Playboy' and 'Sports Illustrated', and New C GmbH & Co. KG publishing several photo and media titles. Myriam Karsch, a shareholder and spokesperson of Five Monkeys Media, sees this takeover as a commitment to robust journalism and plans to foster a dynamic special-interest universe with the existing and new teams.

In a separate development, Five Monkeys Media GmbH has acquired Weka Media Publishing GmbH. This acquisition includes renowned brands such as 'connect', 'PCgo + PC Magazin', and 'Audio+stereoplay'. The takeover ensures that the 59 full-time employees of Weka Media Publishing will continue their roles at the current location in Haar near Munich. The newly formed Five Monkeys Media Group will operate with a shared management team, bundling all technology, imaging, and audio brands.

The takeover by Five Monkeys Media Group signals a commitment to expanding its portfolio and strengthening its position in the media landscape. With the addition of new shareholders and the acquisition of Weka Media Publishing, the group is poised to create a vibrant special-interest universe, driven by strong journalism and a diverse range of brands.

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