27 Nov 2025

Luther Advises Mediengruppe Oberfranken Shareholders on Sale to Mediengruppe Bayern

"Luther Rechtsanwaltsgesellschaft mbH advised the 17 shareholders of Mediengruppe Oberfranken on the sale of all shares to Mediengruppe Bayern. The deal, subject to antitrust approval and with the price undisclosed, will create the largest regional newspaper publisher in Bavaria by integrating MGO's regional titles, online portal and printing activities into Mediengruppe Bayern."

Luther Rechtsanwaltsgesellschaft mbH advised the shareholders of Mediengruppe Oberfranken on the sale of all shares to Mediengruppe Bayern. The transaction transfers ownership of Mediengruppe Oberfranken (MGO) to Mediengruppe Bayern, creating the largest regional newspaper publisher in Bavaria. MGO's daily titles, including Fränkischer Tag, Bayerische Rundschau, Coburger Tageblatt and Saale‑Zeitung, together with the high‑reach online portal infranken.de, as well as MGO's trade journal and printing operations, will be fully integrated into Mediengruppe Bayern. Mediengruppe Bayern itself comprises a number of regional titles and is expanding its regional publishing footprint. The sale follows a decision by MGO's 17 shareholders, representing four founding families, to consolidate in response to increasing economic challenges in the regional media market and thereby secure the long‑term stability and competitiveness of traditional regional media brands. The transaction remains subject to antitrust approval; the parties have agreed not to disclose the purchase price. Luther Rechtsanwaltsgesellschaft mbH represented the shareholders of Mediengruppe Oberfranken with a team composed by: Corporate M&A (team lead): Dr Gregor Wecker; Philipp Dietz, LL.M.; Dr Ann‑Kathrin Jungen. Tax: Nicole Fröhlich; Dr Frank Seidel. Antitrust law: Dr Sebastian Felix Janka, LL.M.; Alexandra Gebauer. IT / data protection: Christian Kuss, LL.M.; Franziska Tilgner. Intellectual Property: Dr Detlef Mäder; Tobias Schneider. Complex Disputes: Georg Scherpf; Dr Jannik Bel; Luca Thoenes, LL.M.
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