“Alma Media develops its offering according to the strategy into new digital products and services that complement customers’ needs and cover the entire value chain, from sales systems to transactions. Netwheels complements Alma Media’s car and transport services for corporate customers superbly,” says Kai Telanne, CEO of Alma Media.

“The digitalisation of the car business requires the interoperability of data flows and systems. The acquisition will contribute to the development of our marketplace and system business by streamlining the purchase and sales processes of vehicles and by offering versatile digital solutions to car retailers, importers, financing companies, application developers, and other operators in the automotive sector,” says Santtu Elsinen, Senior Vice President, Alma Consumer.

Read more HLP commentary on the case Back to transactions