AS Ekspress Grupp (TLSE:EEG1T) agreed to acquire Geenius Meedia OÜ on December 17, 2021. Transaction is partly financed with a bank loan from AS SEB Bank. Geenius Meedia OÜ will continue to operate as a separate media company and its main founders Hendrik Roonemaa and Siim Saidla will remain actively involved in the company's management and daily operations.

As a group, Ekspress Grupp offers Geenius Meedia synergy in functions supporting the media business, providing notably bigger growth potential for the fast-growing company. The transaction is scheduled to be completed by the end of 2021.