Mönchengladbach / Milan, 25 May 2023 - The MEDIA Central Group ("MEDIA Central"), a leading provider of data-based 360° drive-to-store marketing solutions, today announced it has combined with ShopFully, a leading European drive-to-store marketing tech platform offering a digital reach of >70 million shoppers for major retailers and brands.
This industry-defining transaction was enabled by Stefan Hamacher, founder of MEDIA Central Group, Bregal Unternehmerkapital Funds ("Bregal"), partner of MEDIA Central since 2019, and Highland Europe, which has been a partner of ShopFully since 2015 and will retain a minority investment after the transaction. ShopFully’s Co-Founder and CEO, Stefano Portu, will reinvest in the new group and assume responsibility for all digital businesses within MEDIA Central Group as CEO Digital.
This transaction will have significant strategic benefits, allowing both MEDIA Central and ShopFully to continue to strengthen their digital capabilities and to further accelerate their international development. The combined entity now stands as one of the leading and largest drive-to-store marketing platforms in Europe and beyond, becoming a preferred partner for brands, retailers, publishers, as well as large technology platforms in the transformation of retail marketing.
In a challenging, inflationary environment with increasing margin pressures, a steady customer flow generated through drive-to-store marketing is mission critical for retailers and brands. First founded in 1997, and with growth in every year since then, MEDIA Central Group will now employ over 900 people tasked with managing more than €600 million in customer marketing budgets in over 25 countries. The newly combined entity will leverage the complementary strengths of MEDIA Central, Offerista, Yagora and ShopFully to offer a comprehensive end-to-end suite of innovative drive-to-store marketing solutions for retailers and brands throughout Europe and internationally.
Ingo Wienand, Group CEO of the MEDIA Central Group said, "ShopFully complements MEDIA Central perfectly - both geographically with its leading market positioning in Southern Europe and internationally, and in terms of its highly scalable, AI-driven digital platform which will help to further strengthen our ties with major retailers and brands. The combination with ShopFully marks another major step in our strategy to digitize drive-to-store marketing, which began with the acquisition of Offerista in 2021 and data-science-specialist Yagora in 2022."
Stefano Portu, CEO of ShopFully and now CEO Digital at the MEDIA Central Group, added, "I am proud of what we have accomplished so far, but the team and I are even more excited about continuing to transform the industry in the years ahead together with MEDIA Central. The combination of these companies forms what we believe to be an undisputed leader in 360° drive-to-store marketing in a market with plenty of untapped potential throughout Europe and beyond. Following ShopFully’s growth and acquisitions, including Tiendeo, we believe this was the natural step in helping to realize our vision of reinventing retail marketing. As CEO Digital of the Group, I am excited to continue working with Benjamin Thym, CEO Offerista Group, and the whole Offerista and Yagora teams, as we further scale our digital platform into new European geographies and internationally”.
Sascha Kaumann, Director Bregal Unternehmerkapital GmbH, added, "Bregal has partnered with MEDIA Central Group and its founder Stefan Hamacher since 2019. Since that time, Bregal and the management team led by Ingo Wienand, have transformed the company to a digital first drive-to-store marketing platform. Bregal is pleased to welcome Stefano Portu and the ShopFully team to MEDIA Central and look forward to partnering together to further scale the digital business across Europe and beyond."