Talpa Media, which was taken over by ITV earlier this year, has acquired the remaining 50.1 % shares in Talpa Germany (previously called Schwartzkopff TV) from television producer Axel Springer.
Talpa previously acquired 49.9 % of the company.
“Axel Springer and Schwartzkopff TV, now Talpa Germany, have been linked together in a success story spanning 15 years, which would not have been possible without the efforts of the managing director Karsten Roeder and his entire team,” Dr. Jens Müffelmann, Axel Springer Digital Ventures’s CEO.
Founded in 1993, Schwartzkopff TV has been a subsidiary of Axel Springer SE since 1999 and has been operating under the name of Talpa Germany since 2014.
The sale of Talpa Germany is subject to the approval of the relevant antitrust authorities.