Group 1 - AS Ekspress Grupp has entered into a contract to acquire 100% of shares in the traffic training platform Liikluslab Baltic OÜ on 19 December 2025 [1] - Liikluslab Baltic OÜ, founded in 2019, provides traffic education materials and services to individuals and driving schools, and has two subsidiaries: Teooria OÜ and Liikluslab Tervis OÜ [2] - The acquisition aims to grow the digital business and expand into a new area, supporting Ekspress Grupp's long-term goal of increasing revenues from digital subscriptions and services, while also creating opportunities for international expansion [3] Group 2 - The transaction's price and terms are undisclosed, and it is scheduled for completion by the end of 2025, partly financed by a bank loan from AS SEB Pank [4] - The transaction is not classified as significant under NASDAQ Tallinn Stock Exchange regulations, and there is no personal interest from the Group's Management and Supervisory Boards in the transaction [4] - AS Ekspress Grupp is a leading Baltic media group involved in web media content production, publishing, electronic ticket sales, and organizing events, employing around 1000 people since its establishment in 1989 [5]
AS Ekspress Grupp to acquire traffic training platform Liikluslab
Globenewswire·2025-12-19 12:00