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
SRT Marine has completed a placing and subscription
SRT Marine Systems plc has announced an equity raise of at least US$22 million at US$1.10 per share representing a 5.75% discount, through a US$19.4 million accelerated bookbuild placing and a US$2 million subscription by Ocean Infinity, alongside a separate retail offer of up to US$1.3 million.
Learn moreSkynamo has been acquired by Klipboard
Klipboard, a global provider of vertical business management software, has completed the acquisition of Skynamo, a market-leading mobile field sales platform used by manufacturers, wholesalers and distributors worldwide. The acquisition adds Skynamo’s award-winning field sales platform to Klipboard’s portfolio and enhances its ability to support wholesalers, distributors and retailers in managing complex operations across many industries.
Learn moreOaklins DeSilva+Phillips represents ProcessUnity in its recent transaction
Oaklins DeSilva+Phillips was pleased to represent our client ProcessUnity, a leading provider of third-party risk management (TPRM) software, in its recently announced transaction with S&P Global.
Learn more