 |
INTERNATIONAL. JCDecaux has completed the acquisition of CEMUSA (Corporación Europea de Mobiliario Urbano) via its subsidiary JCDecaux Europe Holding.
CEMUSA is an outdoor advertising subsidiary of the Fomento de Construcciones y Contratas (FCC) group with operations in Spain, the US, Brazil and Italy. Its Portugal operations were not part of the acquisition scope.
The acquisition adds more than 43,000 advertising panels in transport and street furniture to JCDecaux’s portfolio, with the company saying its presence in 41 airports – including in Madrid and Barcelona – would either be extended or reinforced.
JCDecaux has reported first half 2015 revenues of €1,460 million, and its 2014 revenue was €2,813 million.
