EDIPRESSE ASIA LTD, a subsidiary of Swiss-listed EDIPRESSE GROUP, has acquired 100% of Singapore-based luxury publisher SOLITAIRE MEDIA PTE LTD. The acquisition is yet another milestone of EDIPRESSE’s development into Asia-Pacific’s leading luxury and lifestyle media group.
SOLITAIRE MEDIA owns and publishes Solitaire (Asia-Pacific Edition), Solitaire China, PRO Jeweller, Brilliant Jewellers, Showtime and the Indonesian-language watch publication Abadi.
SOLITAIRE MEDIA also owns Solitaire Indonesia, published under license and in the Indonesian language by Jakarta-based PT Adi Permata Gemilang, and has an editorial cooperation with Vietnam-based lifestyle publisher Oriental Media for the Vietnamese-language watch publication - Thoi Gian.
SOLITAIRE MEDIA’s management team of Managing Director Michelle Tay and Publisher Rainer Sigel co-founded the company in 2002. Mrs Tay will continue to lead SOLITAIRE MEDIA as Managing Director, and Mr Sigel will assume a consulting role. SOLITAIRE MEDIA will be renamed into EDIPRESSE SOLITAIRE MEDIA PTE LTD and will operate independently as a division of the EDIPRESSE GROUP in Asia with the aim of growing its titles regionally, as well as licensing its magazine brands internationally.