Sanoma Media Finland is selling the magazines Glorian Antiikki, V8-Magazine, GTi-Magazine and Pelit to special interest magazine group Fokus Media Finland.
The sale is part of Sanoma’s strategy to focus on serving Finnish women, families and the 55+ target group through multi-channel media content and services.
“Our growth strategy is based on three strong core target groups and theme areas, where we have particularly strong content and industry expertise. The renewal of our portfolio requires intensive investments, due to which we will divesting products that are not included in our core business,” said Kaisa Ala-Laurila, business director at Sanoma.
The sold titles will transfer to Fokus Media Finland on 1 September.