The Global Media Business Weekly

Alma buys Finnish B2B auto platform

B2B. Alma Media, of Finland,  has acquired tukkuautot.fi, a three-year-old marketplace for automotive industry professionals, for an undisclosed price. Last year, the company had a revenue of €950k. It is claimed to be the largest B2B auction platform of its kind in Finland.

The €350m-revenue Alma Media is a 170-year-old Helsinki-based public company which has been expanding from Finland to the Nordic countries. Currently, some 30% of its 1,900 people work outside Finland. Its media activities range across all-digital (eg jobs classifieds), business and financial newspapers and books; and consumer newspapers and specialist media.