After decades of serving as Managing Director and partner of DVV Media Group and on the occasion of his 80th birthday, Dr. Helmut Schachenmayer has decided to retire from the firm’s group of partners. On July 31, 2013, the Rheinische Post Mediengruppe acquired his shares and the shares of the former managing partner, Dr. Dieter Flechsenberger (62), who according to plan has now left the management of the publishing house, but will continue to provide consulting services.
Martin Weber (46), who has been Managing Director of the DVV Media Group since January 2012, will continue to remain the firm’s head.
Patrick Ludwig, Deputy Chairman of the Board of the Rheinische Post Mediengruppe, offers his thanks to Helmut Schachenmayer and Dieter Flechsenberger for the high level of trust and cooperation that they have shared. “With the acquisition of the remaining shares of the DVV Media Group, our group can now continue to follow its course of intentionally developing a successful trade media segment, which that we began in 2009. I look forward to working with Martin Weber and his team.”
Acquisition of the shares is subject to approval by the German cartel authorities.