Alma Media to acquire Netwheels

Avance advises Alma Media Oyj in its acquisition of Netwheels Oy from Sanoma Media Finland Oy and other shareholders of the company.

Netwheels is a leading provider of various data services within the Finnish automotive industry. The company’s services e.g. enable car retailers to streamline the purchase and sales processes of vehicles as well as their inventory management. Netwheels also provides vehicle auction services, price list services for new cars, and car market data services.