Nordhaven Corporate Finance advised 1881 Group on the acquisition of Idium AS

18 dec 2018

1881 Group acquires Idium AS and secures the #1 position in Norway within corporate web-pages. Nordhaven assisted the management and owners of 1881 Group in the transaction.

"This is a perfect match. With the combination of Idium and Develo 1881 we have a portfolio of 4 000 web-pages and by that a clear market leader. The acquisition will strengthen our competence within digital marketing, and completing our online service offering to corporations" - Asgeir Ohr (CEO 1881 Group AS) 

"The acquisition of Idium is an important step for 1881 Group enabling them as a full scale service provider to the SMB market" - Gunnar Jacobsen (Investment Director Kistefos)

Idium AS

Digital marketing agency serving the Norwegian SMB market with both marketing advisory and web-page services. Revenue 2017 of MNOK 66. 

1881 Group AS

Norway's leading provider of personal and corporate information (phone numbers, addresses, real estate prices, company financials, etc) - both digital and traditional. Weekly used by more than 1.4 million Norwegians. Fully owned by the private investment company Kistefos. Revenue 2017 of MEUR 38. 

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