Recent work | March 10, 2021

Roschier represented Otava Group in the sale of Nettix to Alma Media

Otava Group has sold Nettix Oy, a leading marketplace for motor vehicles, to Alma Media Corporation for EUR 170 million. Roschier advised the seller in the transaction.

Nettix Oy’s business consists of Finland’s leading motor vehicle marketplaces, such as Nettiauto, Nettikone and Nettimoto, reaching an audience of 2.5 million Finns weekly. In addition, Nettix Oy consists of Konepörssi, the leading professional media for machine and transport business, and the news service Ampparit.

Alma Media is a digital service business and media company.

Otava Group is a diversified media group operating in the business fields of general literature, learning services, trade, magazine publication, online services and marketplaces.

Roschier’s core advisory team comprised Jon Unnérus, Annika Salparanta, Wiljami Siitonen, Johanna Lilja, Johanna Flythström, Christian Wik and Iida Lindfors.