The Clear Channel Outdoor Holdings, Inc. group formalized on Monday that it had entered a phase of exclusive negotiations with Equinox Industries for the sale for an undisclosed amount of its activity in France, embodied by Clear Channel France. The investment fund co-directed by Charles-Henri Rossignol and Thibaud Caulier is accompanied for the occasion by Didier Quillot, senior advisor at Equinox, former managing director of the Professional Football League (LFP) and Reboot Media, former CEO of Orange France and Lagardère Active. The latter, once the operation is finalized, would be entrusted with the non-executive presidency of the display in France. According to a press release, “the parties plan to finalize the operation in the 4th quarter of 2023, subject to the information and consultation process with the representative bodies of Clear Channel France’s staff, the signing of an acquisition contract and fulfillment of the usual conditions precedent”.
Chaired by Boutaina Araki since February 2020, Clear Channel France presents itself on its website as the second market of the world group after the United States. With the gain of urban information furniture (MUI) in Paris in 2019 and then in Aix-en-Provence in 2021, more than 65,000 8m² and 2m² faces now make up Clear Channel’s backlit showcase offer. . It also has nearly 3,400 full HD totems in around 210 major French shopping complexes (including 8 in inner Paris with that of the Carrousel du Louvre). The company also deploys more than 400 screens in local food stores. And claims more than 450 digital screens in the street and a presence in cities such as Monaco, Nice, Aix-en-Provence, Rennes, Caen, Orléans, Nîmes, Brest, Pau or Reims. Finally, Clear Channel always indicates on its website that it owns the advertising agency for Buses in 44 cities including Lyon, Bordeaux, Toulon, Nantes, Grenoble, Rouen, Valenciennes, Nancy, Clermont-Ferrand, Saint-Etienne and Montpellier, i.e. 17,000 faces advertisements on 6,300 buses that are in operation.
#Clear #Channel #France #process #sold #Equinox #fund #accompanied #Didier #Quillot
