Sanoma sells its content marketing operations in Belgium

Sanoma Corporation, Investor news, 15 November 2018 at 13:00 EET

Sanoma sells its content marketing operations in Belgium

Sanoma has divested its content marketing operations, Head Office, in Belgium to the original founders of the business. Net sales of the divested business were EUR 13 million in 2017 and it employs 51 people (FTE). Head Office Netherlands remains part of Sanoma Media Netherlands and will be integrated in the B2B sales organization to offer advertisers a full-service proposition. With the transaction, Sanoma has completed the divestment of its Belgian media business.

Additional information

Kaisa Uurasmaa, Head of Investor Relations and CSR, tel. +358 40 560 5601

Sanoma

Sanoma is a front running media and learning company impacting the lives of millions every day. We provide consumers with engaging content, offer unique marketing solutions to business partners and enable teachers to excel at developing the talents of every child.

With operations in Finland, the Netherlands, Poland, Belgium and Sweden, our net sales totalled EUR 1.4 billion and we employed more than 4,400 professionals in 2017. Sanoma shares are listed on Nasdaq Helsinki. More information is available at www.sanoma.com.

 

15.11.2018