Strictly Private and Confidential

Introduction Leadership throughout the value chain

FOUNDING PARTNERS

20% 20%

60%

2008 sales: € 960 M 2008 EBITDA: € 151 M

Content

Rights

33% sales

47% sales

No. 1 independent content producer in Spain No. 1 independent content producer in Europe

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No. 1 sports rights agency in Spain Strong international presence

Production and post-production 11% sales The second largest fleet of OB-Vans in Europe The largest post-production studios in Southern Europe

Transmission

Additional services

4% sales

5% sales

No. 1 supplier of satellite transmission services in Spain

No. 1 media consultant Vertical integration: sports marketing, advertising, strategy consulting, etc

Introduction A company of international nature More than 1,700 international clients. Distributing rights and providing services in practically every country in the world. 24% of sales abroad. Content production centers in Madrid, Barcelona, Miami, Los Angeles, Buenos Aires, Caracas, Lisbon, Luanda, Maputo,… Technical production services handled in offices in Madrid, Barcelona, Buenos Aires, Lisbon, Dubai, Abu Dhabi, Miami, Los Angeles, Oporto,…

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Introduction Our staff IMAGINA steems from the merger of two communications groups: Mediapro and Globomedia. IMAGINA is the European leader in the creation of multimedia content and it is unique in integrating content with production and distribution. The talent of its skilled staff, along with the quality and volume of its technical resources, make IMAGINA the only company capable of offering its clients complete global services in the creation and production of multimedia content, including technical production and engineering services. More than 3,500 highly trained staff for the creation of audiovisual content: fictional series, entertainment, feature-length films, documentaries, theme channels, news and sports, while also contributing to IMAGINA's leadership in engineering services, production and transmission.

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

165 writers



74 engineers



126 directors



158 camera personnel



561 journalists



542 video and audio technicians



543 producers

Introduction Growing success

4%

Distribution of sales in 2008

5%

11%

33%

SALES (in millions of €) CAGR: c.16% 1.600

> 1.500

47%

1.400 1.200

CAGR: 33%

1.000

805

800

574

600 400

960

305

200 0 2005

2006

Contenidos Content Nota: La Sexta no incluida

5

2007

Derechos Technical Servicios técnicos Rights services

2008

Transmisión Transmission

Otros Other

2011

Venta Salesde of activos assets

Introduction Sustained profitability EBITDA (in millions of €) 400

CAGR: c.32% 350

>350

300 250

CAGR: 29% 200 150

119

140

151

2007

2008

100

55 50 0 2005

2006

Content Contenidos Nota: La Sexta no incluida

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Rights services Derechos Technical Servicios técnicos

Transmission Transmisión

Other Otros

2011

Salesde of activos assets Venta

Television Number 1 in content in Spain The group is specialized in fiction and entertainment. It also produces cinema, theater and theme channels. Main clients are the public broadcasting channels and regional and theme channels. Public broadcasting national TV: ■ TV series ■ Varieties/late night ■ Prime-time documentaries and docu-soaps ■ Live programs ■ Sports

25% of total hours of independent productions broadcast on Spanish national networks are by IMAGINA

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Television Prime time leader More than 60 awards for programs, more than 40 for series and 60 awards for actors or presenters.

Águila Roja

10.9

Aída

10.8

Cuéntame como pasó

25.9 23.8 24.1

10.1

Rating Share

Sin tetas no hay paraíso

9.6

El internado

9.0

Doctor Mateo

9.0

Hospital Central

24.4 21.7 20.9 20.0

8.0

Física o química

7.0

17.0

Los hombres de Paco

6.9

17.2

Pelotas

6.8

15.5

National weekly fiction with highest ratings in 2008/2009 season, up to 25 March 2009 (ordered by ratings) 8

The only producer with more than one fiction program in the top 10 ranking

Fuente: GECA e información de la Compañía.

Television List of contents The group has provided content in all genres to all TV channels in Spain Fiction

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• • • • • • • • • • •

Águila Roja (TVE) El Internado (A3) Los Hombres de Paco (A3) Aída (T5) Los Serrano (T5) Gominolas (Cuatro) Cuenta atrás (Cuatro) Lex (A3) Un paso adelante (A3) 7 Vidas (T5) Policías (A3)

• • • • News

Periodistas (T5) Compañeros (A3) Médico de Familia (T5) SMS (la Sexta)

• España Directo (TVE) • En Directe (TVC) • Canarias Directo (TV Canaria) • 59 segundos (TVE) • Informativos (Aragón TV) • Deportes (TPA Asturias) • La Sexta Noticias (laSexta) • Informatius (XTL)

Television List of contents (cont.)

Sports

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• Eurobasket (laSexta) • Minuto y resultados (laSexta) • No me digas que no te gusta el fútbol (laSexta) • Retransmisión de partidos del Mundial de fútbol y baloncesto (laSexta) • Fútbol 6 (Onda 6) • Producción de la casi totalidad de los partidos de la Liga Española (laSexta, autonómicas)

Series/documentaries

• • • • • • • •

Arena Mix (A3) Pelopicopata (A3) Animalia (TM) Callejeros (Cuatro) La Zona Fosca (TV3) Mil acentos (Cuatro) Noms (TVC) Barcelona: Ciutadans en temps de guerra (BTV) • Vidas anónimas (laSexta) • 112, Héroes en la calle (TVE) • GPS, Testigo Directo (A3)

Television List of contents (cont.) Current affairs and humor

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• Sé lo que hicisteis (laSexta) • El Intermedio (laSexta) • La tira (laSexta) • El Club del Chiste (Antena 3) • Saturday Night Live (Cuatro) • Estas no son las noticias (Cuatro) • Noche Hache (Cuatro) • ¡Qué me dices! (T5) • El Informal (T5) • La noche con Fuentes y Cia. (T5) • Caiga quien caiga (T5) • La Canción de tu Vida (RTPortugal)

• El Club de la Comedia (TVE, A3, T5 y C+) • El Club de Flo (laSexta) • Dinamita (TV3) • Trilita (TV3) • Los irrepetibles (laSexta) • Planeta finito (laSexta) • El rey de la comedia (TVE) • Splunge (TVE) Events

• • • •

IQTEST El test de conducir (A3) Nuestra mejor canción (TVE) Plácido Domingo y la copla (TVE)

Television List of contents (cont.) Game shows and talk shows

Reality shows

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• Rico al instante (A3) • Sabes más que un niño de primaria (A3) • Rompecabezotas (ETB) • Date el Bote (ETB) • Apuesta en 20” (laSexta) • Toca el 2 (TV3) • El Juego de la Oca (Antena 3) • Estoy por ti (A3) • El programa de Ana (T5) • • • • •

Aventura en África (A3) La Isla de los Famosos (A3) Supervivientes (T5) Basetxea (ETB) El conquistador del fin del mundo (ETB) • Terapia de pareja (laSexta)

Documentaries

• El hombre que desplegó mil corazones • Dimensión Dalí • Atrapado en la injusticia • El caso Larrañaga • El 23-F desde dentro • 1977, el año que cambió casi todo (laSexta) • Que 30 años no es nada (laSexta) • 11-M los hechos probados (laSexta) • González vs Aznar (laSexta)

Television: International sales Imagina International Sales is the leading international Spanish distributor of series, programs and documentaries Imagina International Sales has 280 clients in 125 countries

Series: Europe, our best client Italy: 9 series Un Paso Adelante, Aída, Cuenta atrás (original version) Los Serrano, Médico de familia, Compañeros, 7 Vidas (adaptation) Los Hombres De Paco (in production), El Internado (in production) France: 6 series Un Paso Adelante, SMS, Cuenta atrás, Los Serrano, Mis adorables vecinos (original versino) El Internado (adaptation, in preparation) Romania: 5 series Los Serrano (original version) Los hombres de Paco, Cuentas atrás, Un Paso Adelante (adaptation) Greece: 6 series Los Serrano, Mis adorables vecinos, Los hombres de Paco, Aída, 7 Vidas, Fuera de control (Adaptation) 13

Television Productions of international content Prominent provider in Europe, North America and South America Content production centers in: 

Miami

 Los Angeles  Buenos Aires  Lisbon  Porto

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Television Production of international content Argentina Production company specialized in entertainment Spain's leading company in this market Offices in Argentina, Venezuela, Colombia, Mexico and Brazil

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U.S. A leading company in the Spanish audiovisual industry in the creation of content From the third quarter of 2009, the company will have Imahouse, the most advanced facilities for the Hispanic market in the United States

Television Productions of international content Some of our programs in Portugal

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Television Production for TV channels

SPAIN

LATIN AMERICA AND U.S. PORTUGAL

(*) Channels developed by the Mediaworld subsidiary 17

Cinema Mediapro, Ovideo and Globomedia operate as 3 independent producers Mediapro

Ovideo

■ Works with prestigious directors

■ Focused on local content

■ Long-term relationships with directors

■ Works with new talent

■ Social content

■ Cinema de auteur

■ Presence in international festivals like Cannes, Venetia, San Sebastián, Toronto, Sundance, etc.

■ 1-2 films a year

Globomedia ■ Uses national talent from the most successful TV series ■ Mainly comedy ■ Consolidated audience

■ 3-5 films a year

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■ 1-2 films a year

Cinema

Recent cinema productions ■ You Will Meet a Tall Dark Stranger. Dir. Woody Allen. Cannes Film Festival 2010 ■ Amador. Dir. Fernando León de Aranoa. ■ Map of the Sounds of Tokyo. Dir. Isabel Coixet. Vulcain Award, Cannes Film Festival 2009. ■ Vicky Cristina Barcelona. Dir. Woody Allen. The Golden Globes: Best Comedy of the Year Award. Oscar for Penélope Cruz as Best Actress in a Supporting Role. ■ Camino. Dir. Javier Fesser. 6 Goya, including Best Film and Best Director. ■ His Majesty Minor. Dir. Jean-Jacques Annaud. ■ 25 kilates. Dir. Patxi Amezcua. Malaga Film Festival, ZonaZine: Best Film Award, Best Actress Award (Aïda Folch), Best Actor Award (Manuel Morón).

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Cinema Awards Films produced by IMAGINA have received a number of awards, including the following: 

Oscar from the Academy of Hollywood (1)



Golden Globe (1)



Independent Spirit Awards (2)



Cannes Film Festival (1)



Goya Awards (22)



“Concha de Oro” at the International Film Festival of San Sebastian (1)



Sant Jordi Awards (3)



Gaudí Awards (4)

1 20

1

22

4

Rights Management of audiovisual sport’s rights Leader in Spain and a major player in Europe Marketing of sports events and competitions on international level

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Rights Spain’s leading audiovisual sporting rights company Worldwide rights for la Liga Exclusive worldwide agent for Euroleague Basketball Worldwide rights for the Colombian and Ecuadorian Football Leagues Commercial rights for international sporting events in Spain Formula 1 rights for the 2009-2013 seasons Rights to the European and World Basketball Championships Champions League Premier League, French, Belgian, Portuguese and Scottish Leagues German, Colombian and Ecuadorian Cup Copa Libertadores Euro 2010 and World Cup qualifying games Exclusive agents of FIFA Properties in Spain World Wrestling rights

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Rights Multi-platform and multi-channel commercialization Football clubs

Clients

Audiovisual sporting rights + Others

Public broadcast TV Pay TV Mobile TV Internet Closed circuit International rights Others

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Technical Production Services 36 studios throughout the world +30,000 m2 Audiovisual centers:

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 Barcelona

11 Studios

 Madrid

10 Studios

 Bilbao

2 Studios

 Canary Islands

2 Studios

 Miami

3 Studios

 Buenos Aires

3 Studios

 Lisbon

2 Studios

 Los Angeles

1 Studio

 Oporto

1 Studio

 Madeira

1 Studio

Technical Production Services Most recent production centers 22@ IMAGINA Centre Audiovisual Barcelona Buenos Aires Miami (open soon)

22@ IMAGINA Audiovisual Centre Barcelona

Media Center - Buenos Aires

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Production center in Miami

Technical Production Services Largest technical services and production company in Spain and second largest fleet of OB-Van’s in Europe… (# of OB-Vans) Imagina

26

Infinia

4

Videoreport

3

TSA

3

Other

The second largest digital fleet and the most modern one in all of Europe, with production centers in Barcelona, Madrid, Canary Islands, Lisbon, Qatar, Dubai and Abu Dhabi.

5

VAV

8

…to produce the most important sports events

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More than 2,000 productions every year with group's OB-Vans.

High-definition factory with the capacity to record any type of production, such as advertising, cinema, sports, fiction, DVDs, shows, medicine and distribute highdefinition productions throughout the world, especially in Japan and the US. Present fleet of 8 high-definition OB-Vans. A network of more than 150 teams of reporters in Spain and Portugal.

Technical Production Services Largest provider of satellite transmission services

Overon 65%

… offering a wide range of services

Otras 35%

Joint venture with Abertis, leader in infrastructures in Spain 3 teleports in Spain 40 land mobile stations and fly-aways Engineering and value-added services: postproduction, play-out, ENG, etc.

Successful joint venture between Abertis and IMAGINA

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Technical Production Services Audiovisual IP network More than 40 injection points in Spain, with fiber optic network. IP transport service

From 2005 to the present day, MEDIAPRO has been a Europewide lead player in innovation for the development of the market for SD and HD video contributions on IP networks. 28

18 Gb Hired +40 Headquarters +100 Video circuits

Advertising Static advertising Umedia is the result of the merger between the MEDIAPRO and the Santa Mónica Groups, two market leaders in sports marketing and the operation and management of audiovisual rights. Umedia offers the largest and most complete platform for TV communication in professional football through the commercialization of advertising assets in professional football (Spanish league, national and international competitions, friendly matches, etc) through perimeter formats in the TV-U (Smartvision System/LED, static boards, ad-time). MEDIAPRO has perimeter advertising rights with most of the teams in the BBVA football league ((Barça, Real Madrid, Sevilla, Valencia, Athletic de Bilbao, Deportivo, Zaragoza, Osasuna, Racing, Jerez, Valladolid, Sporting de Gijón, Atlético de Madrid).

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Advertising Advertising production and post-production

Best Advertising Production Company by the weekly magazine Anuncios

The largest and best post-production studios in the south of Europe.

100 productions a year with 30 different agencies

Head offices: Barcelona, Madrid, Lisbon and Oporto More than 1,000 ads a year

Dalton Others Miopia 4% 3% 2% Serena 10%

IMAGINA 43%

Telson 18% Infinia 20% 30

Share of postproduction market

Other activities Sports marketing

Globomedia Music

Marketing, sponsorship rights, sport-related events, billboards

Producer of music, jingles, leaders and concerts with image and publishing rights of artists. A full-right production company with an extensive catalog.

Audiovisual engineering

Pignoise

Development of audiovisual engineering projects Distribution of professional audio and video equipment Design and development of TV channels, mobile units of exterior broadcast and DSNG. Offices in Madrid, Barcelona, Seville, Lisbon, Buenos Aires, Dubai and Abu Dhabi.

Exhibitions

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Un Paso Adelante

R+D+i

Imaginaexhibitions

Design and conception of events and exhibitions National and international large-format exhibitions Use of latest exhibition technologies Advanced audiovisuals (dome cine, 3D, stereoscope, 4k and so on)

El sueño de Morfeo



IMAGINA bets on technological innovation through its R+D+i Dept., staffed by recognized professionals. Presently developing new technologies in:  Image / video  Sound/audio  Natural language  Intelligent contents The Dept. participates in Spanish (i3media) and European projects (Apidis, 2020 3D Media).

GECA: leading TV consultancy Market leader in Spanish audiovisual sector with large international presence

Link TV – tool for programming analysis

Consulting services for television operators, content producers, institutions and public institutions, universities, political parties, communications groups and financial organizations both in Spain and internationally. Specialized in the following fields Programming Marketing and ratings Advertising Communication Formats and contents GECA has more than 60 specialists in the 15 largest audiovisual markets of the world GECA assesses market trends and provides innovative solutions Since 1994, GECA has been developing methods and tools to improve its clients' results

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This GECA service has been successfully implemented in Portugal, Italy, Colombia, Ecuador, Venezuela and Brazil Offers thorough and up-to-date information on programming and audience ratings Facilitates decision-making for TV professionals

Spanish and international clients

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Project development Our partners El Terrat 70%

BBK

12%

9.8%

8.2%

Gala Capital 9%

License granted in December 2005 Start of operations in April 2006 Strong integration of partners in sector and financials 540 million Euro spent in 4 years

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Bainet

GAMP 51%

Televisa 40%

Innovative, original and diverse offering content Publiseis, target advertising company Hiring of well-known professionals to lead project and consolidate image of laSexta Market penetration: 93.7%

Results Annual share of Spanish channels 2006 (1 April to 31 December)

2007

25

25 21,3

20

20,3

18,8

17,9

20

15

15

10

10 4,8

5

2,4

0

66.7%

7,7

6,8

4,6

5

4,0

0 TVE1

TVE2

A3

C uatro

T5

la6

2008

TVE1

TVE2

A3

C uatro

T5

la6

2009 (1 January to 30 April) 25

25

20

18,1

16,9

16,0

INCREASE laSexta

15

INCREASE laSexta

20 17,0 15,3

37.5%

8,6

5

25.5% 8,9

10

6,9

5,5

4,5

4,1

5

0

(April 30th)

15,0

15

10

0 TVE1

TVE2

A3

C uatro

Note: TVE1, La2 and regional channels are public institutions.

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INCREASE laSexta

17,4

17,2

T5

la6

TVE1

TVE2

A3

C uatro

T5

la6

Premium content TV channel in Spain

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TDT Premium GOL TELEVISIÓN is a football network and the first TDT subscription channel in Spain with around the clock broadcasts which include the BBVA League, the Adelante League, the Copa del Rey, the Champions League and the very best international matches.

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Passion for football GOL TELEVISIÓN shows four BBVA League matches per round, one of which is always the Real Madrid or FC Barcelona game, two Adelante League matches, the best Copa del Rey games, 112 exclusive live and recorded Champions League games, as well as matches from the world’s best leagues. A great team A team of more than 200 people (writers, producers, editors, graphics teams, and technicians) make possible the broadcast of more than 1400 matches a year 500 of which live.

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Passion for football The very best leagues in the world GOL TELEVISIÓN owns the broadcast rights to the very best leagues around the world and is the number one viewer choice for international football in the Spanish TV market. GOL TELEVISIÓN has the rights to the best football in Europe: PREMIER LEAGUE (England), LIGUE 1 (France), SCOTTISH PREMIER LEAGUE (Scotland), LIGA SAGRES (Portugal), JUPILER LEAGUE (Belgium), the German Cup (DFB POKAL) and the friendly matches and Euro 2012 qualifying games for Europe’s best national sides. The best Latin American football is also present on GOL TELEVISIÓN throughout the year: Copa Credife (Ecuador), the Postobon League (Columbia), Copa Libertadores, Copa de Brasil, Copa Sudamericana, the South American Under-20’s championships and the South American Under17’s championships.

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Passion for football Designed to allow viewers to experience all the passion of football, the network features a quality, varied, entertaining, and dynamic programming schedule which, in addition, includes the latest sports news stories, special reports, in-house production and interviews. Broadcasts: ■ In TDT Premium. ■ Via IPTV on Imagenio, Orange and Jazztel. ■ On the cable platforms Ono, Euskaltel, Telecable, R, Andorra Telecom, AOTEC and ISECA ■ And via mobile telephone Movistar and Vodafone

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companies:

Orange,

Management Team Emilio Aragón

• • •

Tatxo Benet

José Miguel Contreras

• • •

• • • • • •

Daniel Écija

Jaume Ferrús Alfonso Mardones

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• • • •

Executive producer Partner and board member of IMAGINA Media Audiovisual President of laSexta Sport director for 10 years at TV3 and FORTA General manager of Audiovisual Sport (’96-’98) Partner and board member of IMAGINA Media Audiovisual Programming director at Canal+ Programming and sport director at Telemadrid Emeritus professor of Audiovisual Communication and Advertising at Univ. Rey Juan Carlos I Executive Producer Partner and board member of IMAGINA Media Audiovisual Chief Executive Officer of laSexta

•

Realisáteur of Channel 10 in London Executive Producer Creative Director of Fiction at GLOBOMEDIA Partner and board member of IMAGINA Media Audiovisual Executive President of GRUPO GLOBOMEDIA

• •

General manager of Digital+ (’96-’99) General manager of TV3 for 7 years

• • •

General Manager of GLOBOMEDIA (‘02-’05) CEO of Promofilm (‘05-’07) Operations Director of GLOBOMEDIA Group

Gerard Romy

• • •

Director of Antena 3 News (’89-’91) Director of Dorna (’91-’94) Partner and board member of IMAGINA Media Audiovisual

Jaume Roures

•

Director of News and Sports at TV3 for 8 years Production Director at Dorna (’91-’94) Partner and board member of IMAGINA Media Audiovisual

• •

José Luis Rubio

• •

Director of Sports Production at TVE (’77’89) Director of Sports and Special programming at T5 for 5 years

Juan Ruiz de Gauna

• • • •

General manager of Telemadrid (’95-’98) General manager of Vía Digital (’98-’01) General manager of Telefónica Media General manager of laSexta

Andrés Varela

• • • •

Director of auto-promotion at Canal+ President of GECA (’93 -’97) Executive Producer Creative Director of GLOBOMEDIA Entertainment (until June’09) Partner and board member of IMAGINA Media Audiovisual

•

Our partners

One of the largest communications services groups in the world, with stock market capitalization of 7.7 billion pounds.  Group employs a total of 92,000 people in 2,000 offices in 106 countries. WPP offers an integrated catalog of communications services to national, international and global clients.  More than 300 companies on the Fortune Global 500; more than half the NASDAQ 100 and more than 30 of the Fortune e-50. Portfolio of leading brand names centered on advertising, management of investments in mass media, information, consultancy, public relations and public affairs, branding and identity, communications in the health industry, direct promotion and relational market and specialists in communication. Subsidiary companies (among others):

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One of the largest private investment companies in Spain. Since its founding in 1990, it bears exclusive responsibility for managing the assets of the Abelló family. General investor with an interest in growing companies, regardlines of the structure of the transaction or its stage of development.Traditionally a leading investor in Spain, but it is also beginning to play an ever more active role abroad. Usually makes investments of between 30 and 200 million Euro per transaction (equity ticket). Participative style, local presence and prestige, strategic vision, financial support, professionalism and personal knowledge of the major actors in the market. Its particular flexibility is clear in its diversity of investment structures and approaches.

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