Ilkka on the M&A trail, thankfully on the selling side.
Associate company Arena Partners (45.16%) sells its subsidiary Arena Interactive, adding almost EUR 1 million to Ilkka’s ‘share of profit from associates’ as a one-off item.
ILKKA’S ASSOCIATE COMPANY ARENA PARTNERS OY SELLS ITS OWNERSHIP IN ARENA INTERACTIVE OY
Ilkka’s associate company Arena Partners Oy sells its 100% stake in Arena Interactive Oy to Keskisuomalainen Oyj. Arena Interactive Oy will thus become wholly owned by Keskisuomalainen.
Arena Partners Oy will record a preliminary estimated sales gain of two million euros from the sale in its Q1/2026 FAS result. The sales gain will not affect Ilkka’s adjusted operating profit from its own operations, but it will affect Ilkka’s profit through the share of profit from associates. Ilkka’s Q1/2026 share of profit from associates is estimated to improve by almost one million euros as a result of Arena Partners Oy’s sales gain. The amount of the sales gain will be finalized once the purchase price adjustment has been completed, estimated by April 30, 2026.
The owners of Arena Partners Oy are Keskisuomalainen Oyj (45.20%), Ilkka Oyj (45.16%), and Hilla Group Oyj (9.64%).
Ilkka’s associate company Arena Partners Oy sells its ownership in Arena Interactive Oy Ilkan osakkuusyhtiö Arena Partners Oy myy omistuksensa Arena Interactive Oy:stä