AcadeMedia acquires Sandviks AS and enters the educational products and services market
AcadeMedia has entered into an agreement to acquire all shares in Sandviks AS for NOK 87 million. The company primarily offers products and services that inspire children to read at an early age. With the acquisition, AcadeMedia initiates a new business area offering products and services targeting the educational market. Sandviks AS’ Swedish and Norwegian business had a turnover in 2021 of approximately NOK 103 million and an EBIT of approximately NOK 14 million. "Sandvik’s extensive experience from creating inspiring and joyful reading for young children combined with AcadeMedia’s