DEAG Acquires Majority Stake in Airbeat One Electronic Music Festival.
14th July 2022. Deutsche Entertainment Aktiengesellschaft (“DEAG”) in Germany has announced the acquisition of one of Europe's largest electro music festivals “Airbeat One”. DEAG wants to play an active role in the consolidation of the live entertainment industry in Europe and drive its growth through M&A. DEAG’s portfolio already includes the electric music festivals “Nature One,” “Mayday,” “Syndicate”, “Toxicator” and “Ruhr-in-Love” organised by their operating company I-Motion.
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