Swedish trio launch MediaTec Group
- Details
The merger creates one of Europe's larger media corporations with a combined turnover of 80 euros and a specialist workforce of 230 employees. A management statement declares, "With operations in Sweden, Norway, Denmark, Germany and the UK, the MediaTec Group will have an immediate pan-European presence, supplying equipment and personnel to customers and events worldwide. The new company has a clearly defined strategy that puts the focus on growth, both organic and through strategic acquisition.
"The media technology industry is undergoing swift development in a number of areas, not least through major out sourcing activities. The growth potential within the sports, entertainment and event i