Edita Group has decided to discontinue the learning material business of its subsidiary Edita Oppiminen Oy.
The publishing rights to learning materials for secondary and vocational education have been sold to Sanoma Pro. In the future, Sanoma Pro will be responsible for publishing the sold learning materials. Services provided by Edita Oppiminen Oy to teachers and students, including access to digital content, will continue without interruption at least during the ongoing school year. The divested product portfolio complements Sanoma Pro’s learning offering in Finland and supports Sanoma’s strategy to grow its learning business in lower and upper secondary schools.
“The decision to divest our learning materials business was not an easy one. Therefore, we are pleased that the publishing rights were sold to a well-known and strong Finnish operator that continues as a new publisher for the product portfolio,” says Kristiina Kujala, CEO of Edita Group Plc.
The pro forma revenue of the divested learning materials was approximately EUR 4 million in 2024.
For further information, please contact:
Kristiina Kujala, CEO, Edita Group Plc
+358 40 0761 752
kristiina.kujala@editagroup.com