Ströer Out-of-Home Media AG: Ströer acquires ECE flatmedia GmbH
Nov 02, 2011 8:21 AM
Ströer Out-of-Home Media AG / Key word(s): Acquisition
Ströer acquires ECE flatmedia GmbH
- Outdoor media specialist extends its reach
- 1,000 screens in shopping centers complements digital network in train stations
- More than 2,000 screens at high frequented sites in the future
Cologne/Hamburg, 2 November 2011 The Ströer Group is enlarging its digital outdoor advertising portfolio to include shopping centers. With the acquisition of ECE flatmedia GmbH, a ECE subsidiary and leading provider of digital brand communication and sales promotion in shopping centers, Ströer enhances its commitment in the field of the moving images market, that was previously served only by TV-stations and Internet providers. The product portfolio Ströer is offering comprises then digital moving images networks in the 200 largest German train stations, in subways and suburban trains, in airports and now also in the largest German shopping centers.
According to market research company GfK, the approximately 1,000 flat screens of ECE flatmedia in the aisles and passages of 50 shopping centers in Germany already reach around 10 million people per week. Ströer will enhance the portfolio of advertising spots and information, combining it with its expertise in digital advertising concepts in Munich, where all service offerings on digital Ströer advertising media are coordinated and centrally operated.
'We are currently seeing digitalization reshape the market: instead of thinking in terms of TV, print, online and poster advertising, we will soon be talking about static images and moving images in buildings or outdoors. Yet, from my point of view the screens are no out-of-home advertising: I regard them as the third column in the moving images market besides TV and Internet. With ECE's screens we will reach further target groups such as consumers with cars and we will be closer to the point of sale. Complementing our new digital screens at Germany's major train stations and the screens in the largest shopping centers will give us coverage well in excess of 25 percent,' explains Udo Müller, CEO of Ströer Out-of-Home Media AG.
Ströer Group will have installed over 1,000 moving image screens at the 200 largest German train stations by the end of the year - and that represents a big step forward for the digitalisation of out-of-home advertising. The media's rapid development plays a large role in this. New neuromarketing studies show that customers seeing vivid, emotive advertising messages at high-frequented locations like train stations or shopping centers are more strongly influenced when making decisions about what to buy than was previously thought.
Henrie W. Kötter, Managing Director Center Management of ECE: 'We have successfully done pioneer work in an entirely new market for three and a half years. Currently, regarding the strong growth of digital advertising, we were facing the strategic decision, whether we want to participate with ECE flatmedia also in the market outside shopping centers. I am happy, that our engagement is paying off and that new perspectives open up by the cooperation with Ströer AG.'
For more information on the Company, please visit www.stroeer.com
About ECE flatmedia GmbH
ECE press contact:
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|Company:||Ströer Out-of-Home Media AG|
|Ströer Allee 1|
|Phone:||+49 (0)2236.96 45 0|
|Fax:||+49 (0)2236.96 45 299|
|Listed:||Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart|
|End of News||DGAP News-Service|