S Media Netherlands and Sanoma Group today announced that they have reached an agreement on the acquisition by Sanoma Media in the Netherlands by the BATCH Media, in the Netherlands. The combination of these two media creates a strong and complementary portfolio of news media, magazines, radio, and online services.
Sanoma Media Netherlands is the Netherlands ‘ largest magazine publisher, with titles such as the women’s magazine Libelle, Margriet, Donald Duck, the Dutch magazine vtwonen and Veronica Magazine, with more than 1 million subscribers. The company is also the owner of the nieuwsplatform NU.nl the biggest news site in the Netherlands, with a monthly reach of 8 million people.
Erik Roddenhof, CEO of S-Media in the Netherlands: “I am very pleased with the acquisition by Sanoma Media in the Netherlands. This is a major enhancement to our company, which is a necessity in this increasingly digitalized world. Together, we create synergy and greater impact. So, we can make our products better and faster to achieve.