SFX Entertainment Inc. (SFXE) announced that it has acquired 50 percent of Alda Holding B.V., an Amsterdam-based company that is developing, producing and promoting dance music events.
The company noted that ALDA Events will continue to operate as an independent company under its current CEO Allan Hardenberg and will become responsible for the touring division of SFX.
Founded in 2007 by David Lewis and Allan Hardenberg, ALDA Events' portfolio boasts international tours for the world's top DJs, including Armin van Buuren and Hardwell.
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