Mondadori completed the acquisition of a 58.84% stake in Edilportale.com from Elements for €31.2m.

Mondadori, a publisher in the trade and school textbook markets, completed the acquisition of a 58.84% stake in Edilportale.com, a media, sales, and tech company, from Elements, an Italian company that provides high-performance materials and technical consulting, for €31.2m. "This transaction also enables us to strengthen both the Group’s positioning and that of the newly-established Mondadori Digital as Italy’s leading publisher in social media and digital, a leader in the vertical segments with the greatest market potential, including food, wellness and lifestyle, while at the same time expanding our services with new products and innovative solutions,” Antonio Porro, Mondadori Group CEO.