Alma Mediapartners becomes a shareholder of Muuttomaailma Oy

Alma Media Corporation Press release 19 July 2017 at 4:00 p.m.

ALMA MEDIAPARTNERS BECOMES A SHAREHOLDER OF MUUTTOMAAILMA OY

Alma Media’s subsidiary Alma Mediapartners Oy has acquired 25 per cent of the share capital of Muuttomaailma Oy, which offers competitive tender services for moving houses. The parties have agreed not to disclose the price of the transaction.

Muuttomaailma Oy maintains and develops a full-service kilpailutamuuttopalvelu.fi market place where someone moving into a new home can easily plan their move, carry out competitive bidding between service providers, and compare and choose the suitable moving company.

The Kilpailutamuuttopalvelu.fi website for those moving houses was established in 2015. During the past two years, more than 10,000 quote requests have been made through the website. A total of 150 moving companies have already registered with the service. This is approximately a third of all the moving companies in Finland. It is estimated that around 900,000 moves are done in Finland every year.

More and more Finns are interested in outsourcing their move. According to a survey for the users of Alma Media’s Etuovi.com service completed in April 2017, already 35 per cent of those who had moved houses during the past year used moving services. The most popular service is hiring removers.

–  “Our aim is to expand the services for the users of Etuovi.com and Vuokraovi.com. Moving services are a natural part of moving into a new home. We also want to give consumers more tailored and personalised services. Examples of these include different competitive tender services that have already entered many fields, and consumers are getting used to inviting bids for their acquisitions,” says Riikka Wulff, Managing Director of Alma Mediapartners Oy.

–  “We have received plenty of positive feedback from people moving houses and from moving companies. Our online service has also been praised. Now we want to make the service even more visible, and to make it known to everyone who is moving houses. Alma Mediapartners Oy is an excellent partner for that. Our goal is to make it easier and more pleasant to find a suitable moving company and to move houses,” says Eero Rönkkö, Founder & Partner of Muuttomaailma Oy.

The online service is available at www.kilpailutamuuttopalvelu.fi

For more information, please contact:

Riikka Wulff, Managing Director of Alma Mediapartners Oy, tel. +358 (0)10 665 3519

Eero Rönkkö, Founder & Partner of Muuttomaailma Oy, tel. +358 (0)500 222 000

Alma Media in brief

Alma Media is a media company focusing on the service business and journalistic content. The company’s best-known brands are Kauppalehti, Talouselämä, Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds sustainable growth for its customers by utilising the opportunities of digitality, including information services, system and expert services and advertising solutions. Alma Media’s operations have expanded from Finland to the Nordic countries, the Baltics and Central Europe. Alma Media employs approximately 2,300 professionals (excluding delivery personnel), of whom approximately 30% work outside Finland. Alma Media’s revenue in 2016 was EUR 353.2 million. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com.

Share article