Žurnalų Leidybos Grupė UAB has been acquired by Media Bitės, UAB
September 2017 — 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.
Our role in the transaction
Oaklins' team in Lithuania advised the seller in this transaction.
Talk to the deal team
Related deals
BIG BIO Herlev and BIG BIO Nordhavn have been acquired by Nordisk Film Biografer
BIG BIO Herlev and BIG BIO Nordhavn, two premium cinemas in the Copenhagen area, have been acquired by Nordisk Film Biografer, part of Nordisk Film, which is owned by Egmont. The acquisition expands Nordisk Film Biografer’s presence in the Danish cinema market and strengthens its premium cinema offering, adding two established venues to its portfolio.
Learn moreFreeway Fleet Systems has been acquired by Movement Software
Freeway Fleet Systems has been acquired by Movement Software, strengthening its position as a leading provider of fleet management and maintenance software while expanding the group’s presence into the UK market. As a strategic consolidator focused on transportation and mobility software, Movement Software will benefit from immediate product and customer synergies, with Freeway providing a strong platform for further geographic expansion across key fleet end markets.
Learn moreComtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn more