Swedish market leader in digital news services in environment and sustainability complements portfolio.
Bonnier Business Media Sweden has purchased majority shares in MiljöRapporten Förlag, a knowledge company within the environment and sustainability that provides education and conferences, publishes the industry monitor MiljöRapporten Direkt and the paper MiljöRapporten.
MiljöRapporten Förlag focuses primarily on people who are environmental or sustainability officers within business, government agencies and localities. Miljörapporten is a market leader in Sweden within digital news services focusing on the environment and sustainability. The largest portion of revenues come from courses, seminars and conferences.
"We believe that this is an area that will continue to grow, since an increasing number of companies and organizations need to train their staff in sustainability issues," says Mikael Nestius, CEO for Bonnier Business Media Sweden. "Plus, rapid development within legislation, methodolgy and practices is taking place. W'e've been impressed with the strong credibility that MiljöRapporten has with the market, its digital success and the high-quality content of their training and conferences."
MiljöRapporten will continue to function as a separate company for several years, even once Bonnier Business Media Sweden has taken over as majority owner. MiljöRapporten's founder Claes Sjöberg continues as minority owner and manager for the business.