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Raketech Strengthens its Position Within Consumer Finance Through New Acquisition
[December 07, 2018]

Raketech Strengthens its Position Within Consumer Finance Through New Acquisition


STOCKHOLM, Dec. 7, 2018 /PRNewswire/ -- Raketech, a leading online affiliate and content marketing company, acquires a number of Norwegian affiliate assets within consumer finance, including the flagship product Norskkreditt.no. Through the acquisition, Raketech strengthens its position within the finance vertical.

Michael Holmberg, CEO of Raketech, comments: "The acquired assets are in line with our acquisition strategy, where we buy high-quality products that we can continue to optimise. This is a strategic acquisition that strengthens our position within financial services, which is a very interesting vertical for us to continue growing in. We see clear synergies between our current finance products for the Swedish market and these new Norwegian assets, both in terms of traffic quality and partner relationships."

The purchase price amounts to EUR 0.5 million. In 2017, the revenue for the acquired assets amounted to approx. EUR 0.2 million.

For more information, please contact: press@raketech.com.  

The information was submitted for publication on December 7, 2018, at 8:00 CET. 

About Raketech Group 

Raketech is a leading online affiliate and content marketing company, with expertise in delivering SEO, online guides, communities and social media products in primarily the Nordic region and the UK. Through some 20 flagship brands, Raketech guides sports and gaming enthusiasts to the best possible services, while also delivering high-quality traffic and leads to its partners. Raketech grows both organically and via acquisitions and operates its business in accordance with a clear framework for responsible affiliate marketing services. The company's shares are listed in Nasdaq First North Premier with ticker RAKE. Erik Penser is the company's Certified Adviser. For more information, visit www.raketech.com.  

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/raketech/r/raketech-strengthens-its-position-within-consumer-finance-through-new-acquisition,c2694502

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