Kohlberg Kravis Roberts in the context of "Axel Springer SE"


Kohlberg Kravis Roberts in the context of "Axel Springer SE"

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👉 Kohlberg Kravis Roberts in the context of Axel Springer SE

Axel Springer SE (German: [ˈaksl̩ ˈʃpʁɪŋɐ ɛsˈeː]) is a European multinational mass and online media company, based in Berlin, Germany. The company offers printing and publishing of advertisements, digital classifieds portfolio, marketing models and related services. Axel Springer's operations are segmented into News Media, Classifieds Media, and Marketing Media. The company is organized as a societas Europaea (SE) publishing house and is one of the largest mass media publishers in the European Union, with numerous multimedia news brands, such as Bild, Die Welt, Fakt, and the US political news site Politico, which Axel Springer acquired in 2021.

The company generated total revenues of about €3.93 billion and an EBITDA increase of 12.8% in the first half of 2023. Following US private-equity firm KKR's majority-stake acquisition in 2020, Axel Springer’s revenues have increased by a total of approximately €1 billion. The company, including its subsidiaries, joint ventures, and licenses, operates in more than 40 countries.

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