Announced

Ekspress Grupp acquired a Latvian ticketing service platform company SIA Bilesu Paradize.

Synopsis

AS Ekspress Grupp, acquired a 100% of shares in Latvian ticketing platform company SIA Bilesu Paradize. Financial terms were not disclosed. SIA Bilesu Paradize operates the electronic ticket platform and box offices to organise the sale of tickets to various entertainment events on behalf of event organisers. The company has provided online ticket distribution for more than 15 years and is one of the two leading ticket service providers in Latvia. The aim of the acquisition is to expand into new areas with the focus on increasing the share of group’s digital revenues.

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