Clear Channel Norway acquires UIP
21 Aug 2024 / News.jpg)
Clear Channel Norway announced the acquisition of UIP, a solution provider for urban development and micromobility.
This acquisition provides Clear Channel with a dedicated operations organization and enhances the company's ability to deliver innovative solutions in urban mobility and city development.
Dennis Højland Nyegaard, CEO of Clear Channel Norway, said: "This agreement is a pivotal step for Clear Channel. We have had a close partnership with UIP for many years, and the acquisition gives us the opportunity to leverage their strong operational expertise and their knowledge in urban planning and mobility within our business. This will not only strengthen our market position but also provide our customers and partners with an even better experience.”
UIP is known for its high competence in operations, urban development, and urban mobility, which will be a valuable asset for Clear Channel.
Espen Øyen, CEO of UIP, will join Clear Channel's leadership team, while both organizations will initially continue operating as they are today. Øyen is well acquainted with Clear Channel and looks forward to the new partnership and joining Clear Channel's leadership team.
“We are excited to become part of the Clear Channel family. Through this acquisition, we gain access to Clear Channel's extensive commercial resources and marketing platforms, which will strengthen our position and open up new growth opportunities,” says Øyen.
A sustainable future
With the acquisition, Clear Channel and UIP are now better equipped to meet future challenges in urban mobility and city planning.
By combining the strengths of both organizations, Clear Channel Norway aims to offer more sustainable and efficient solutions for cities and municipalities, driving the development of advertising-funded solutions that contribute to smarter and more environmentally friendly urban spaces.
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