De Nolf family has 35 million euros auction to get Roularta from Beurs

“The prospectus was submitted” at the exhibition watchdog FSMA, said Steven Vandenbogaerde, the financial director of Roularta. He is expected to need at least six to eight weeks to view that prospectus and approve it. The bid can then be launched itself.

Koinon will offer 15.5 euros per share for the more than 2.2 million Roularta shares that it does not yet have. That is a premium of 24.5 percent compared to Thursday’s final race. The bid appreciates the entire media group on just under 316 million euros.

CEO Xavier Bouckaert could not comment on the why of the bid. “As long as the procedure at the FSMA runs, we cannot comment on the bid process or the bid,” said the CEO. “It is clear that the Free Float (The amount of shares that can be traded freely on the stock market, ed.) too limited, “Vandenbogaerde added.

The West-Flemish media group Roularta was founded in 1954. The company is mainly known as a publisher of magazines such as Knack, Le Vif/L’Express, Trends, Flair or Libelle. Half also participates in Mediafin, the publisher of Zakenkant De Tijd, and owns channel Kanaal Z/Canal Z. Roularta is also active as a publisher in the Netherlands and is active as a printing company.

In 2024, the media group was good for a turnover of 320.3 million euros and a net profit of 6.1 million euros.