Sanoma Media Finland Oy Tagomo Digital Oy Ltd.
Sanoma Media Finland Oy sells its website business to Tagomo Digital Oy Ltd.
At Neuvoa, one of our focus areas is media transactions. For this reason, we are pleased to announce that we have once again acted as financial advisors to Sanoma Media Finland in the sale of their website business, which serves over 2,100 customers, to Tagomo Digital. As part of the transaction, eight of Sanoma’s website professionals will transfer to Tagomo as existing employees. With this acquisition, Tagomo becomes one of Finland’s largest website service providers. At the same time, Tagomo expands its service portfolio with Sanoma Ad Manager.
“As the service is crucial to customers, it’s great that a buyer dedicated to website services was found, which also provides employees with new opportunities to grow. Sanoma will continue to focus on advertising solutions in media,” says Tuomas Airisto from Sanoma Media Finland.
Tagomo’s partner and CEO, Petri Elovaara, comments: “We welcome Sanoma’s website customers and new Tagomo team members! We are excited to develop the digital marketing of Finnish companies together.”
More information about the transaction in Tagomo’s press release:
https://www.tagomo.fi/blogi/tagomo-kasvaa-sanoman-kotisivuliiketoiminta-siirtyy-tagomolle.html