The story
Founded by Urbano Cairo in 1995, in Milan.1
Urbano Cairo found a company Cairo Pubblicità in 1995, which wholesale advertisement space for RCS MediaGroup. In 1997 Cairo acquired a company which found in 1984, and renamed into Cairo Communication, as the holding company of his media empire. Cairo Communication acquired La7 in 2013 from Telecom Italia. In 2016 Cairo Communication acquired RCS MediaGroup by offering to buy the shares from the public market, which was more favor than the offer from the rival consortium.
From Wikipedia’s article on Cairo Communication, shared under CC BY-SA 4.0.5