(Tiper Stock Exchange) – Deodatus. Gallerya group active in the contemporary art market and listed on Euronext Growth Milan, has acquired by company and related party Art Backersoperating in the world of art and innovation, the intellectual property rights relating to the ARTUU, ART BAKERS, THE AB FACTORY and THE AB GALLERY brands for the consideration of 90 thousand euros.
The society thus strengthening its presence in publishing and training linked to art and strengthens its presence in Sardinia, with a strategic investment in terms of marketing, digital and physical assets that will see it involved in a plan for the relaunch and growth of the acquired brands, reads a note.
Deodato.Gallery invested in 2020 in Art Backersof which today owns 3.63% of the share capital.
“Publishing and training are fundamental assets for the growth of the group – commented the CEO Deodato Salafia – For some years now, companies and brands have been real media. In fact, the galleries already internally distribute the periodical “Deodato Arte Magazine”, registered in the Milan court. Artuu.it will have an independent editorial staff and the Deodato.Gallery through advanced ICT skills aims to grow this line of business expecting both high returns in terms of visibility for the number of readers reached, and in economic terms”.