Sanoma aquires Pearson’s local K12 learning content business in Italy and its exam preparation business in Germany. Pearson Italy is the third largest provider of K12 learning materials in the fragmented Italian market and secondary education represents approx. 80% of its net sales.
In April, Sanoma divests its Dutch media business, Media Netherlands, to DPG Media and acquires Alma Media’s regional news media business. In July, Sanoma divests its online classifieds business Oikotie to Schibsted.
Sanoma aquires Santillana Spain, a leading provider of learning materials for primary, secondary and vocational education in Spain, from Grupo Prisa.