The systems architect continues to expand
internationally
COLOGNE, Sept 5 (Bernama-BUSINESS WIRE) -- The
Qvest Media Group has a new majority shareholder. With its planned closing at
the end of September 2016, the RAG-Stiftung (RAG Foundation) will be acquiring
a majority of the shares in Qvest Media from the company’s founders, Gunnar
Wellen and Peter Nöthen, through its investment company RAG-Stiftung
Beteiligungsgesellschaft mbH. The shareholdings include all subsidiary
companies of the Qvest Media Group in Germany, the United Arab Emirates and
Singapore. The transaction is subject to approval by the antitrust authorities.
The management of Qvest Media is planning to build further upon their
successful international growth path as a result of the new partnership and
open up new business areas and markets.
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