HPP advised Gummerus Oy in the sale and purchase of shares in Gummerus Kustannus Oy to Storytel AB (publ). Gummerus Kustannus is one of the oldest and most respected publishing houses in Finland. Founded in 1872, the family-owned business has grown into Finland’s third-largest book publisher.
“I am pleased that we found a devoted new owner to Gummerus Publishers that me and my family have cherished and proudly developed since 1943. Gummerus group will continue as independent family-owned real-estate, digital dictionaries and investment company and an associated company in book logistics”, says Eero Salojärvi, owner of Gummerus Oy.