At the end of last year, Sanoma announced the decision to run its media activities in Belgium and the Netherlands as a strategic business unit – Sanoma Media BeNe. The company says the idea behind the sale of the titles is to focus on the domains of Women and Home & Deco in Belgium.
In 2014, net sales of the divested titles totalled around €50m. The transaction is subject to the approval of competition authorities.
Sanoma is a FIPP member.
More like this