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Announced

Completed

Alma Media completed the acquisition of Netwheels.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Finland

Single Bidder

Domestic

Private

software company

Software

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Completed

Acquisition

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Synopsis

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Alma Media, a media and digital service business company, completed the acquisition of Netwheels, n automotive industry software company. Financial terms were not disclosed. "Alma Media develops its offering according to the strategy into new digital products and services that complement customers' needs and cover the entire value chain, from sales systems to transactions. Netwheels complements Alma Media's car and transport services for corporate customers superbly," Kai Telanne, Alma Media CEO.

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