Alma Media divests the Matkapörssi and Lentokeskus business operations
Alma Media Corporation Press release 20 June 2018
ALMA MEDIA DIVESTS THE MATKAPÖRSSI AND LENTOKESKUS BUSINESS OPERATIONS
Alma Consumer’s travel media Rantapallo has agreed upon a business transaction to sell the Matkapörssi and Lentokeskus business operations to Lakeuden Matkat Oy, which has operated over 30 years in the industry.
The revenue of the business operations to be transferred in the business transaction was approximately EUR 3.0 million in 2017. The parties have agreed not to publish the price of the transaction. The transaction has no impact on the result of Alma Media Group. The transaction will take effect on 1 July 2018.
For more information, please contact:
Kari Kivelä, Senior Vice President, Alma Consumer, tel. +358 10 665 2032
Alma Media in brief
Alma Media is a media company focusing on the service business and journalistic content. The company’s best-known brands are Kauppalehti, Talouselämä, Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds sustainable growth for its customers by utilising the opportunities of digitalisation, including information services, system and expert services and advertising solutions. Alma Media’s operations have expanded from Finland to the Nordic countries, the Baltics and Central Europe. Alma Media employs approximately 2,250 professionals (excluding delivery employees), of which approximately 30% work outside Finland. Alma Media’s revenue in 2017 was EUR 367.3 million. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com.