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Motor Presse buy-back

Magazines. Two successors of the founding Pietsch family have acquired Gruner and Jahr’s 60% stake in MotorPresse, of Stuttgart. Subject to regulatory approval, Patricia Scholten and Peter-Paul Pietsch have bought-back the shares in the company founded by their family in 1946 but which were sold to G+J (part of Bertlesmann) in 2005. The company publishes over 120 international motoring and lifestyle brands including Motorrad, Motor Sport Aktuell, and also Men’s Health, Women’s Health and Runner’s World under licence from Hearst, in the US. In 2017, Motor Presse had revenues of €193m. The Hamburg-based G+J publishes mass market brands including Stern, Geo and Brigitte.

Motor Presse