Alma Media acquires Edilex Lakitieto Oy’s share capital
Alma Media Corporation Press Release 3 February 2025
ALMA MEDIA ACQUIRES EDILEX LAKITIETO OY'S SHARE CAPITAL
Alma Media has acquired the entire share capital of Edilex Lakitieto Oy from Edita Group Oyj. The business will be reported as part of the Alma Marketplaces segment from February 1, 2025.
The acquisition will expand Alma Media's legal content offering.
The pro forma revenue of the acquired business was approximately eight million euros in 2024. The parties have agreed not to disclose the purchase price.
Edilex Lakitieto Oy provides the Edilex legal information service, a comprehensive resource for legal professionals in Finland. Edilex integrates key legal sources and background materials into an extensive legal information platform. It features a comprehensive and up-to-date legal database linking statutes, case law, legislative history, and other legal materials, along with a dedicated legal news service. The offering also includes various online services, legal training, and a wide selection of legal literature, books, and collections. Edilex Lakitieto Oy serves as a service provider for the evolving Finlex service, a public legal information platform owned by the Finnish Ministry of Justice.
Edilex Lakitieto Oy will become part of the Legal Insights unit within the Alma Marketplaces segment. The unit offers comprehensive digital legal information services for professionals in Finland. Its key services include the Finnish law search service Suomen Laki and the largest digital library of domestic legal literature, Verkkokirjahylly. In addition to online services, the offering includes legal training and a wide range of legal literature and law books.
As a result of the acquisition, the 51 employees of Edilex Lakitieto Oy will transfer to Alma Media's employment.
"Edilex Lakitieto seamlessly enhances the service offering of the Alma Legal Insights unit. Together, we provide Finland’s most comprehensive legal content while strengthening our focus on developing digital platforms and improving user experience. We remain committed to being the preferred partner for authors and lecturers in publishing legal content. Our mission stays the same: to help lawyers and other legal professionals stay up to date and simplify their daily work with effective tools," says Santtu Elsinen, EVP of Alma Marketplaces.
For more information:
Santtu Elsinen
EVP, Alma Marketplaces
Tel. 010 665 2833
Alma Media in brief
Alma Media is an international company of digital media, marketplaces and services with a strong capacity for renewal. We inspire human curiosity and choice by creating services that combine technology and content with a local heart. In Finland, our best-known brands include Kauppalehti, Talouselämä, Iltalehti, Jobly, Etuovi.com, Nettiauto and Nettimoto. Our recruitment services include prace.cz and jobs.cz in the Czech Republic, Profesia.sk in Slovakia and mojposao.net in Croatia.
In Finland, our business operations include leading housing and automotive marketplaces, financial and professional media, national consumer media and content and data services for businesses and professionals. Alma Media’s international business in Eastern Central Europe, Sweden and the Baltic countries consists of recruitment services and an online marketplace for commercial properties.
Alma Media operates in 11 countries in Europe and employs approximately 1,700 professionals. Alma Media’s revenue from continuing operations was EUR 305 million in 2023 of which the share of digital business was 82%. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.fi/en/.
- Published: 3.2.2025 08:00
- Category: Press release