Brighton's Juice 107.2 joins UKRD

UKRD Group Limited

12:06pm 28th July 2015

Radio operator, UKRD Group, has this week acquired a majority stake in Brighton's Juice 107.2. The deal, valuations about which have not been released, sees the group take just over 50% of the shareholding in the business, while existing shareholders retain the remainder. Founder, Daniel Nathan, is the largest minority investor and continues as Chairman at the station.

Juice 107.2 Logo

The deal brings the number of analogue stations operated by UKRD to sixteen (16) with a further eight (8) services delivered via DAB and many more new services being tested for launch in the coming months.

UKRD’s Chief Executive Officer, William Rogers, said that he was looking forward to working more closely with Daniel and his team “to build on the radio station's success at the real heart of Brighton's vibrant cultural and commercial life.  Juice has always punched above its weight and this provides us with a great opportunity to drive things further forward with more investment and resource behind it. We are delighted to have the opportunity to extend our interests along the south coast.”

In welcoming the announcement and completion of the deal, Daniel Nathan said that he was looking forward to working more closely with UKRD which “has an unrivalled success in managing local commercial radio. They are the most effective and successful operators of genuinely local stations in the country and I’m looking forward to working together to take the station to the next level.”

“The availability of resource and further investment that will now benefit the station is a hugely important factor as the multiplatform future of local radio continues to unfold and after many years of collaborating with UKRD on national sales and policy matters, I’m delighted that we are joining a team that are as passionate as we are about connecting with the communities we serve.” said Daniel.

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