With an agreement signed today, Otava New Businesses Ltd has acquired the capital stock of SL-Mediat Ltd from Janne Virtanen and the companies in his ownership.
SL-Mediat is a publishing company established in 1981 that specialises in professional media for the agricultural and work machines and transport and engineering workshop industries. The company’s products include Konepörssi, Urakointi Uutiset, Ammattiautot and Konekuriiri, which have consolidated their position as the leading content and advertising media in their fields. The company’s net sales amount to about EUR 5 million.
“SL-Mediat has a highly attractive market position among machine and transportation entrepreneurs as well as equipment manufacturers and vendors. This acquisition bolsters our position as a specialist marketplace player and expands our business into professional media publication,” says Jaakko Haapakangas from Otava New Businesses.
“I have come a long way with SL-Mediat. It has been wonderful to follow the company’s development over the years. I would like to thank the company’s employees for their superb work,” says Janne Virtanen.
“I believe that together with Otava we can provide our customers with even higher-quality content and visibility solutions and better meet the requirements of multichannel operations,” says Jussi Lehtonen, who will stay on as the Managing Director of SL-Mediat.
For further information, contact:
Otava New Businesses: Director of Operations Jaakko Haapakangas, email@example.com, +358 (0)40-5045240
SL-Mediat: Managing Director Jussi Lehtonen, firstname.lastname@example.org, +358 (0)400-630607