Žurnalų Leidybos Grupė UAB has been acquired by Media Bitės, UAB
STAK Kemplake, a Dutch registered fund, has sold Žurnalų Leidybos Grupė UAB (ŽLG) to Media Bitės, UAB in an asset-deal. Financial details have not been disclosed.
ŽLG is one of the largest printed magazine publishers in Lithuania. The company has been active in the media industry since 1992. ŽLG publishes the widely popular weekly magazine Žmonės as well as several other magazine brands and is the leader in the women magazines market.
Media Bitės is a digital media group, involved in magazine publishing, digital marketing, e-commerce and the entertainment businesses.
Oaklins' team in Lithuania advised the seller in this transaction.
Talk to the deal team
Related deals
sigo green GmbH has acquired the assets of sigo GmbH in the context of the insolvency in self-administration
sigo GmbH has sold its assets as part of a transferring reorganization to sigo green GmbH.
Learn moreIntelligentCARE/Access Technology has been acquired by ASSA ABLOY
The private shareholders of IntelligentCARE/Access Technology have sold the company to ASSA ABLOY.
Learn moreCloudco Entertainment has been acquired by IVEST Consumer Partners
The private shareholders of Cloudco Entertainment have sold the company to IVEST Consumer Partners.
Learn more