Axel Springer

Axel Springer

Axel Springer Verlag was founded by Axel Springer in Hamburg in 1946. Today, the company is a leading international media and technology company operating in more than 40 countries. In Europe and Germany, Axel Springer is one of the largest media companies alongside Bertelsmann. In addition to Bild and Bild am Sonntag, Axel Springer also publishes Welt and Welt am Sonntag as well as the TV channel Welt, Business Insider, Politico and the US newsletter Morning Brew. Axel Springer holds a stake in Media Pioneer and owns the job portal Stepstone and the AVIV Group with the property portal Immoscout. The publishing house also owns Bonial, Idealo and Awin. Axel Springer SE is headquartered in Berlin and now has a branch in New York City, USA. In June 2019, Axel Springer concluded an agreement with the US investment company KKR. KKR announced a voluntary takeover offer of 63 euros per share, valuing the company at 6.8 billion euros. Friede Springer and Mathias Döpfner retained their shares. KKR plans to reorganise the Group and sell the shares at a profit after around 5 to 7 years. After two acceptance periods, KKR reached a stake of 42.5% in August 2019. As a result, the free float fell below 5% and the share was excluded from the MDAX in August 2019. The share has no longer been listed on the Frankfurt Stock Exchange since 6 April 2020 and trading on the OTC market on most German stock exchanges was discontinued.

Key facts

Business Form

private

Legal Form

European Company (Societas Europaea, SE)

Business Sectors

Classified Advertising; Price Comparison Websites

Ownership

KKR

KKR is a major shareholder (35.6%) of Axel Springer SE and an American investment company that holds interests in various business sectors. In addition to the media sector, these include fintech companies, real estate companies, medical and other healthcare companies, and energy companies. KKR is one of the largest investors in fossil fuels.

35.6%
Media Outlets
Other Media Outlets

Other Print Outlets

Germany

Die Welt; Welt am Sonntag kompakt; Arte Magazin; Audio Video Foto Bild; Auto Bild; Auto Bild Klassik; Auto Bild Reisemobil; Auto Bild sportscars; B.Z.; B.Z. am Sonntag; Bike Bild; Computer Bild; Sport Bild; TestBild; Politico

Other TV Outlets

Germany

Bild TV; Welt; N24 Doku; DYN

Other Radio Outlets

Radio Hamburg; Radio BOB!; Radio NRW; Antenne Bayern

Other Online Outlets

Germany

Politico Deutschland; Business Insider Deutschland; autobild.de; bike-bild.de; Computer Bild; bz-berlin.de; Fitbook; Travelbook; Stylebook; Petbook; MyHomebook; Techbook; Sportbild; Upday; The Pioneer; laut.de

Facts

Media Business

Media

Axel Springer Sport Verlag GmbH (100%)

Media and Classified Ad Models

Axel Springer Digital GmbH (100%)

Corporate Publishing

Axel Springer Corporate Solutions GmbH & Co KG (100%)

Business

Media

POLITICO SRL (Belgium)

Classified Ad Models

Axel Springer France S.A.S. (France)

General Information

Founding Year

1946

Affiliated Interests Founder

Axel Caesar Springer

was born on 2 May 1912 in Altona near Hamburg. After an apprenticeship as a typesetter and printer in his father Hinrich Springer's company and a traineeship at the news agency Wolffs Telegraphisches Bureau and the Bergedorfer Zeitung, Springer returned to his father's newspaper Altonaer Nachrichten in 1933. The rise of his media empire began in 1946 with the founding of the magazine Hör Zu! In 1952, he conceived his media recipe for success: the first edition of the tabloid Bild. Axel Springer died on 22 September 1985 in West Berlin.

Employees

18000

Contact

Axel Springer SE

Axel-Springer-Straße 65

10888 Berlin

www.axelspringer.com

Tax/ ID Number

DE 136 627 286

Financial Information

Revenue (Financial Data/ Optional)

€ 3.83  Billion / USD 4.03 Billion (2022)

Operating Profit (in Mill. $)

€ −24.7 Mio./ USD −26 Mio. (2022)

Advertising (in % of total funding)

Missing Data

Management

Executive Board

Dr Mathias Döpfner

Chairman and Chief Executive Officer

Supervisory Board

Ralph Büchi

Chairman of the Supervisory Board

  • Project by
    Medieninsider LOGO
  •  
    Global Media Registry
  • Funded by
    Funded by Deutsche Postcode Lotterie