Eesti Media acquires real estate site City24

07 Sep 2017

In Estonia and Latvia, Eesti Media acquired real estate site City24.ee from 24 M2 OÜ for an undisclosed amount. In turn, 24 M2 OÜ had acquired City24.ee from Alma Media in 2014.

The buyer and seller have been negotiating the transaction since June this year. We informed about the negotiation here. Now, they have reached agreement, but decided against disclosing the exact value of the transaction.

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Andrzej Sowula

Andrzej Sowula has been a writer and an analyst for AIM Group since March 2013, focusing on the Polish market. As a journalist, he has worked in Poland for regional newspapers and national Internet-focused magazines for almost a decade. He has also substantial both in-house and in a PR agency experience as a PR specialist. Currently, he owns a small PR consultancy in Poland called PR Solutions. Andrzej has graduated from Journalism, Political Science and Business and Management at Jagiellonian University. He lives and works in Krakow.