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Follow on Google News | Mascus Acquires Majority Stake in Marknadspriser.SeMascus has acquired 60% of the shares of Marknadspriser i Sverige AB – a Swedish publisher of Marknadspriser.se online portal.
By: Mascus “The price valuation service introduced by Marknadspriser i Sverige fits very well into Mascus’ product portfolio, and contributes to its strategy of providing a global premium media. It is a very important area in the industries that Mascus is operating in. That is why our aim is to expand the price valuation service in all countries and in all the Mascus’ sectors,” says Fredrik Larsson, Managing Director of Mascus. Marknadspriser i Sverige AB was previously owned by the Swedish auction site KVD Bilauktioner AB (80%) and the Managing Director, Lennart Johansson (20%). Alma Media has acquired a 60% of the holdings and has an option to increase ownership to 100% by the end of 2012. Mascus is a worldwide electronic marketplace for heavy machinery and transportation vehicles, which operates in the business areas of agriculture, construction, material handling, transportation, grounds care, and forestry. The platform is available in 35 languages and serves the needs of customers in over 4 continents around the globe. Mascus is a part of trading company of Alma Media Corporation. # # # About Alma Media Alma Media is a profitable and internationally expanding company with a focus on the future of newspapers and online services. Its best known products are the Iltalehti, Aamulehti, Kauppalehti, and Etuovi.com. Alma Media's net sales in 2009 totaled MEUR 307.8 with an operating margin of 13.5 percent. The company's share (ALN1V) is listed in the NASDAQ OMX Helsinki Exchange. Visit us online at http://www.mascus.com. End
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