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LM Information Delivery has purchased the entire share capital of Jaicom Oy and YAP Oy’s businesses aimed at magazines and associations. The company’s objective is to establish an internationally competitive operator that offers publishers subscription services and systems. As part of the same transaction, iO Kustantajapalvelut, which is owned by LM Information Delivery, will be merged with Jaicom.
The YAP-Lehti and YAP-Järjestö businesses, iO Kustantajapalvelut and Jaicom will now serve their customers under the name Jaicom Oy. The transaction will see personnel transfer to the service of Jaicom, whose employees will number roughly 50. Jorma Ainassaari will remain Jaicom’s Managing Director.
“The transactions are a strategic step in Jaicom’s development and will enable the company’s growth both in Finland and globally. The synergy benefits between the merging companies are considerable, since their client base and business development targets are mutually supportive. The transaction will also enable us to serve our customers with an even more comprehensive offering,” says Ainassaari.
Thanks to the merger and acquisition, Jaicom’s position in the Nordic market will be further reinforced, as the company’s expanded product and service offering will be the most comprehensive in the industry in the Nordic countries, and in future will also include system, operating and subscription services for publishers.
Stronger focus on product and service development
The merger and acquisition will enable an ever-greater focus on product and service development. Jaicom’s goal is to offer publishers increasingly advanced services and solutions for managing publication orders.
LM Information Delivery, which owns Jaicom, is one of the fastest-growing Finnish service companies, with subsidiaries not only in the Nordic countries, but also in the US, the UK, South Africa, Spain and the Netherlands, among others. A stable business ownership that is focused on service innovations will give Jaicom better operating conditions, growth and competitiveness in international markets.
“With this merger and acquisition, our objective is to build an increasingly competitive operator that can offer publishers a broader range of services on a global level” says LM Information Delivery’s Managing Director, Janne Järvinen.
For further information, please contact:
Jorma Ainassaari, Managing Director
Tel: 040 058 1684
LM Information Delivery
Janne Järvinen, Managing Director
Tel: 050 563 6676
Jaicom specialises in the development of systems for newspaper subscriptions and distribution. The company has a subsidiary in Sweden and operations in Germany, Austria and the UK. More than 300 titles in Finland and Sweden manage their subscription and distribution operations with the company’s systems. In addition to ready products, Jaicom offers its customers system and software development services. www.jaicom.com
LM Information Delivery
LM Information Delivery is a leading international subscription and information management service. LM’s customers include academic and research libraries, municipalities, public libraries, corporations and their information departments across the globe. LM’s products offer customers improved cost efficiency and make subscription management and the use of electronic titles and databases easier. The company’s offering includes subscription management services, eBook services, eResource access and management services, and database services. In addition to its headquarters in Finland, the company serves customers in all the Nordic countries as well as Estonia, the UK, Belgium, Spain, The Netherlands, South Africa and the US. www.lminfo.com