Wildstone Acquires Significant Portfolio From Forrest Group in Scotland
Wildstone Capital, the fastest growing owner of outdoor media infrastructure in Europe, has acquired a significant portfolio of high-quality advertising sites from Scottish-based company Forrest Group.
Representing the largest privately owned portfolio of OOH assets in the UK, these sites include the very best large-format digital panels in Scotland let long term to Ocean Outdoor and a further portfolio let to Clear Channel Outdoor.
This strategically key acquisition is part of Wildstone’s ongoing European expansion which has grown exponentially over the last 3 years. This transaction follows another big-money deal from earlier this year, where Wildstone acquired Dutch digital company Power Tower.
Jonathan Chandler, Managing Director of Wildstone, explained: “Working with Chris and the Forrest team on this acquisition has been an absolute pleasure. He has established a fantastic portfolio and we are delighted to be the new guardians of these landmark sites.”
Chris Trainer, CEO of Forrest Group and well-known figure in Out of home said: “The disposal of a significant part of our media portfolio following an attractive offer from Wildstone makes commercial sense at this time. It further enhances our ability to take advantage of opportunities that will no doubt emerge in the developing economic climate.”
Wildstone are shaping the future of outdoor media infrastructure. Wildstone buy and rent property assets for outdoor advertising across the UK and Europe and stand at the forefront of the digital revolution within the Out of Home sector. The company’s impressive portfolio of over 3,000 outdoor media infrastructure assets includes digital 48-sheet screens, traditional billboards, as well as super-premium digital sites.