Media
Kistefos has purchased back the Amedia-owned company Digital Media 1881 AS.
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Kistefos, the investment company of Christen Sveaas, has gone to the purchase of the Amedia-owned company that offers digital services and websites that 1881.no, luxury island, property prices.no and figures.no.
– Digital Media 1881 is well run and profitable. It has been a good owner who has developed the business in a proactive way since the group took over the ownership of the company in the summer of 2013, ” says investment director Gunnar Jacobsen in Kistefos.
Amedia is Norway’s largest lokalaviskonsern, with over 60 different avistitler.
Two companies, a brand
Kistefos has on his page owned by the company the Information 1881 since 2007, but sold the Digital Media section of Amedia in 2013. The two companies Information and Digital Media have since both had rights to the brand 1881. These companies should now also be merged, if the Competition authority approves the transaction.
It does not appear børsmeldingen what is the price of the transaction, but Digital Media 1881 is expected to go up against a turnover of 180 million, with a gross operating profit of nok 38 million.
According to the message has 1881.no more than a total of 1.4 million unique visitors each week. The company has its head office in Nydalen in Oslo, with around 100 employees.
Focus on the media houses
Cfo Gisle Torheim in Amedia explains the sales that It wants to concentrate its business around media houses. It was even sold earlier in the year, to the Sparebankstiftelsen DNB.
the change in ownership is therefore reasonable and will contribute to a sharper and more dedicated eierfokus on the directory and listingsmarkedet, ” says Torheim.
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