“We are very happy that our family business has a new owner who knows the media thoroughly and is committed to journalism and continuous development. The digital revolution requires bold investments from the media, which can be implemented together with Sanoma. In cooperation, we can invest enough in development and serve the needs of readers and advertisers even better, and for that reason this deal is good for the city of Rauma and Satakunta region, its residents and companies”, says Heikki Marva, CEO of Marva Media.

“The importance of the news media has grown due to global crises and rapid change, but at the same time the need for national and regional information has been emphasized. Local and regional media have a whole new kind of opportunity to reach and influence in digital channels,” describes Petteri Putkiranta, Business Director of Sanoma Media Finland’s News and Feature Media Unit.

Read more HLP commentary on the case Back to transactions