Helsinki, Finland, 2014-03-21 09:00 CET (GLOBE NEWSWIRE) -- 

Talentum Oyj        Press release        21 March 2014 at 10.00 a.m.

Talentum acquires Sanoma Pro's B2B business

Talentum acquires Sanoma Pro's B2B business as part of its Books and Legal
Training segment. 

The business provides up-to-date digital services and training, as well as
publishing business books for professionals in the fields of taxation,
financial administration, law and supervisory work. The key products in the
acquired business are the digital Fokus service and Verkkokirjahylly ("Online
Bookshelf"). 

"The product portfolio to be transferred will increase the diversity of our
offering and our customer base will expand. The acquisition enables Talentum to
significantly strengthen its position as Finland's leading publisher of
professional content in the book and training market," says Lasse Rosengren,
Talentum's Deputy CEO. 

"The strategy of Sanoma Pro is to focus on the production of learning
solutions, and divesting B2B business is a part of this development. We are the
leading provider of learning solutions in the Finnish market and the forerunner
in development of digital solutions. We want to increase our focus on providing
the best multi-channel solutions and high quality learning materials to our
customers", says Anja Kahri, Director, Professional Solutions at Sanoma Pro. 

"The transaction benefits all involved parties. The business operations will
continue without interruption for all customers. The basic B2B services will
remain unchanged," say Kahri and Rosengren. 

Net sales for the business to be transferred for 2013 totalled approximately
EUR 4 million. The transaction will see 24 employees transfer to Talentum as
existing employees, after which Talentum's Books and Legal Training will employ
54 people. The acquired business will be transferred to Talentum approximately
on 1 May 2014. 

For additional information, please contact:
Anja Kahri, Director, Professional Solutions, Sanoma Pro, tel. +358 40 544 2346
Lasse Rosengren, Deputy CEO, Talentum, tel. +358 40 342 4204

Talentum helps professionals succeed by publishing magazines, professional
literature and online services for professionals in various industries, as well
as organising training and topical events. Talentum is the market leader in
Finland in legal literature and ongoing training. 

Talentum employs about 760 people in Finland, Sweden, Denmark, the Baltic
countries and Russia. Talentum Oyj's net sales totalled EUR 75.6 million in
2013. Talentum's media include i.a.Talouselämä, Arvopaperi, Fakta,
Tekniikka&Talous, MPC, Tietoviikko, Tietokone, Markkinointi&Mainonta,
Metallitekniikka, Tekniikan Historia, Mediuutiset, Uratie, Ny Teknik and
Affärsvärlden.
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