1 Ottobre 2015

Milan, 30 September 2015 – M-Three Satcom Srl (M-Three) annouced today the acquisition of 100% of his shares by Giglio Group SpA, a global multimedia and TV network listed on the AIM Italian market. M-Three is an Italian company active in the supply of high-end services and solutions for the radio and TV broadcasting industry. Established in 2004, the company counts among its clients the major TV and radio networks both Italian and foreign. M-Three operates via a proprietary infrastructure based on two teleports for satellite broadcasting integrated in an optical fibre network with hundreds of international PoPs, that allow the company to detect and distribute signals all over the world.
Becoming part of the Giglio Group, M-Three will yet retain its tecnical structure, the organization and its main mission, continuing to support high-end service development for its clients and at the same time will benefit from the strong synergies with the Group. Michele Magnifichi, current CEO of MThree Satcom, will still be leading the company for the next three years, ensuring the necessary continuity and structural development for the company. The board of directors will include – as strategic direction team and representing the holding company – Alessandro Giglio, founder, Chairman and Ceo of Giglio Group and Chairman of M-Three, and Myriam Amato, CFO of the Holding and M-Three.
Both companies will benefit largely from this transaction, both economically and strategically. By acquiring M-Three, the Group now owns an important production and broadcasting infrastructure, and can count on a better support for the broadcasting of its own channels, paired with economies of scale due to the integration in the service-creation chain. Furthermore, M-Three presents significant potential for growth, especially on an international level, which combines perfectly with Giglio Group’s global growth strategy, thus significantly increasing its consolidated revenues as early as 2016.

Alessandro Giglio, Chairman of Giglio Group, comments: “Content is King, Distribution is Queen! The optical network and satellite broadcasting capacity of M-Three, paired with Giglio Group TV channels, mark the beginning of a new generation of Media companies: a Media Factory 3.0, capable of managing all of its content on all digital platforms worldwide and ready to tackle the challenges of TV services new technologies, such as Netflix, head on. This deal is a great leap forward for our activities, and we are sure that it will translate in a strong economic growth for the Group. A new tech highway is born, and it will allow the Group channels to be broadcast faster around the globe, with the best optical fibre and satellite broadcasting technologies, that will allow us to encrypt and deliver our content globally and in real-time. Moreover, considering MThree’s leading position in this industry and its potential on an international level, we can safely say that we sealed a very positive economic deal that will surely produce significant returns for the Group”.
Michele Magnifichi, CEO of M-Three Satcom: “It is a big step ahead for M-Three Satcom, and a recognition for the efforts and commitments in more than 10 Years of presence. M3 is now part of an international group but at the same time mantain operational independency and his operational structure – with the same mission as defined as the starting point in 2004: to provide high quality services to the Broadcasting sector, with maximum flexibility and unlimited coverage. The new asset of shareholders and management structure will be reflected on a strong innovation process, and increase of range of activities both on the transmissions and pre/post production area”.