Leading Finnish media provider Keskisuomalainen has acquired Sanomalehti Karjalainen, Karelia Viestintä and PunaMusta Paikallismediat
Helsinki – CFI is pleased to announce that it acted as exclusive financial advisor to Keskisuomalainen in its acquisition of Sanomalehti Karjalainen, Karelia Viestintä and PunaMusta Paikallismediat from PunaMusta Media.
Keskisuomalainen is a leading media provider in Finland, with a portfolio of print and digital magazines, digital outdoor advertising and radio, that reaches 3.1 million Finns.
In this transaction, Keskisuomalainen acquires the media businesses of PunaMusta Media including the subsidiaries Sanomalehti Karjalainen Oy, PunaMusta Paikallismediat Oy, and Karelia Viestintä Oy.
This transaction closed on 1 April 2024.
This transaction was advised by:

Jaakko Sasi
Partner, Managing Director
Jaakko Lehto
Partner, Managing DirectorOur latest transactions
Industrials

has received a strategic investment from

Transaction details
Inbras, Latin American leader in magnetic separation, metal detection, and recycling equipment, has received a strategic investment from Brazilian industrial group TMSA
Consumer Goods & Retail

has been acquired by

a portfolio company of

Transaction details
Garden product producer Martins Fertilizers has been acquired by SOILCO, a leading organics recycling company in Australia’s dynamic resource recovery sector
Healthcare & Life Sciences

has been acquired by

Transaction details
Polish dietary supplement company MyBestPharm has been acquired by the French Urgo Group