6.9.2023
Marva Group has sold Marva Media to Sanoma Media Finland
Marva Group has sold the entire share capital of Marva Media Oy and Rauman Suorajakelu Oy to Sanoma Media Finland Oy.
Through this transaction, Sanoma Media Finland will continue its regional growth and work towards building the future prospects of domestic news media in the digital age.
"We are very pleased that our family's work will have a new owner who deeply understands the media, is committed to journalism, and development. The digital transformation requires bold investments from the media, which can be made possible in collaboration with Sanoma. This deal is beneficial for Rauma and the entire Satakunta region, its residents, and businesses," said Heikki Marva, CEO of Marva Media.
Marva Group’s goal is to develop and internationalize its business operations, and the proceeds from the sale of shares will be used to support these objectives.