Sanoma Divests Finnish Language Service Company AAC Global

Print

Sanoma Corporation, Press Release, 28 January 2016 at 13:00 CET+1

Sanoma is divesting the Finnish language service company AAC Global to Korona Invest.

Korona Invest is a Finnish private equity company specialised in growth and buyout investments in Finnish small and medium sized enterprises.

In 2015, the net sales of AAC Global totalled around EUR 15 million and the company employed around 120 FTEs. This divestment is in line with Sanoma’s strategy to focus its operations and divest selected ownerships.

Additional information
Sanoma's Investor Relations, Pekka Rouhiainen, tel. +358 40 739 5897

Sanoma.com

Get the world. Sanoma helps people access and understand the world.

We believe in a world full of opportunities, feelings, reactions and inspiration. A world that you can reach, influence, explore and share. We want to make it yours.

Sanoma is a front running consumer media and learning company in Europe. In Finland and The Netherlands we are the market leading media company with a broad presence across multiple platforms. Our main markets in learning are Belgium, Finland, the Netherlands, Poland and Sweden. In 2014, Sanoma’s net sales totalled EUR 1.9 billion. Sanoma is listed on the Nasdaq Helsinki stock exchange.