Duunitori Expands its Reach by Acquiring JobbSafari in Sweden
Deal News | Dec 16, 2024 | Aim Group
Duunitori, a recruitment marketplace based in Finland, has expanded its operations into Sweden by acquiring JobbSafari.se from Schibsted Marketplaces. This acquisition marks a significant step in Duunitori's strategic growth plan, strengthening its presence in the Scandinavian recruitment market. The deal allows Duunitori to leverage JobbSafari's established platform and user base to enhance its service offerings in Sweden. The terms of the acquisition, including the purchase price, have not been publicly disclosed. This move aligns with Duunitori’s broader objective to enhance its competitive positioning in the European job recruitment sector.
Sectors
- Recruitment and Jobs Marketplace
- Digital Media
Geography
- Finland – Duunitori, the acquiring company, is based in Finland, thereby indicating its origin and operational base.
- Sweden – JobbSafari, the acquired entity, operates in Sweden, highlighting the geographical area affected by this acquisition.
- Scandinavia – The acquisition strengthens Duunitori's presence in Scandinavia, reflecting its strategic regional expansion.
Industry
- Recruitment and Jobs Marketplace – The article discusses Duunitori's acquisition of a job aggregator, indicating its focus within the Recruitment and Jobs Marketplace industry, a sector dedicated to matching job seekers with potential employers.
- Digital Media – Schibsted Marketplaces, a digital companies' group, implies involvement in Digital Media, where online platforms are key in operations like job advertising and aggregating.
Financials
- Undisclosed – The financial terms of the acquisition deal between Duunitori and Schibsted for JobbSafari were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Duunitori | Buyer | Company | A Finland-based recruitment marketplace expanding into the Swedish market through the acquisition of JobbSafari. |
| Schibsted Marketplaces | Seller | Company | Part of Schibsted ASA, they operate multiple digital marketplaces and have sold JobbSafari to Duunitori. |
| JobbSafari | Target company | Company | A job aggregator platform in Sweden recently acquired by Duunitori. |