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David Iakobashvili Sold Outdoor Advertising Company Outdoor.ge

Outdoor.ge, an outdoor advertising company, has been sold. The former director of the company Aleksandre Chichinadze confirmed the information to Business Course program. The deal was concluded about 2-3 weeks ago, he said.

“This is an ordinary business deal and both parties are content”, Chichinadze said, but refrained to name the new owner of the company and the deal value.

Outdoor.ge company was founded by businessman David Iakobashvili.

We remind you that only two companies Alma and Outdoor.ge operate on Tbilisi’s outdoor advertising market for several years.

David Iakobashvili is founder of VimBillDann, Russia’s major manufacturer of juice, dairy products and various beverages.