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SFX Entertainment Acquires German Promoter i-Motion

KOBLENZ, Germany (CelebrityAccess MediaWire) — SFX Entertainment continues its expansion in the EDM world with the acquisition of German EDM promoter i-Motion GMBH, producer of Mayday, Germany's largest indoor dance music event.

Based near Koblenz, i-Motion has been promoting events since 1994 and represents a number of major european festivals. Among the events SFX has added to their portfolio with this acquisition are: Nature One, founded in 1995 and one of Europe's longest running festivals, the event sells more than 100,000 tickets a year; Mayday, the first major event in the history of electronic music, which was established in 1991 and currently operates in Germany, Poland and Belarus; and Ruhr-in-Love, an outdoor festival which held its 10th anniversary in 2013, while providing 38 stages and dance floors on grass lawns, attracting 46,000 visitors.

“i-Motion is a key strategic acquisition for us, as it sits at the helm of dance music in Europe’s biggest country and is a portal to the fast-growing EMC markets of Continental Europe,” said Robert F.X. Sillerman, Chairman/CEO of SFX Entertainment. “It gives us an incredible base with Nature One, Mayday and Ruhr-in-Love and affords us a promoter-platform to build other SFX brands throughout the entire European continent. Oliver Vordemvenne and his team have contributed deeply to the overall growth of electronic music over the last two decades and we are proud to have them as part of the SFX family.” – staff Writers