Bauer Media announces its intention to acquire consumer price comparison site in Spain

Madrid, Hamburg, December 11th 2020 – Bauer Media Group has entered into a sale and purchase agreement to acquire a leading player in the Spanish online comparison market for insurance products, (comprising Acierto Seguros Online S.L. and Asesor Consumer Services S.L).

Today’s news follows Bauer’s April 2019 acquisition of CrediMarket, a leading player in the Spanish market for online comparison of financial products, which marked the Group’s entry into the Spanish OCP (Online Comparison Platform) industry.

Completion of the transaction is subject to customary closing conditions, including regulatory approval.