Ekspress Grupp

M&A Activity • Dec 19, 2025

AS Ekspress Grupp to acquire traffic training platform Liikluslab

AS Ekspress Grupp to acquire traffic training platform Liikluslab

On 19 December 2025, AS Ekspress Grupp entered the contract for the acquisition
of 100% of shares in the traffic training platform Liikluslab Baltic OÜ.

Liikluslab Baltic OÜ is a platform for traffic education materials
(liikluslab.ee) founded in 2019, which has expanded rapidly and offers services
to both private individuals and driving schools. Liikluslab Baltic has two
subsidiaries: the traffic learning environment Teooria OÜ (teooria.ee) and
Liikluslab Tervis OÜ, which deals with health certificates for driving license
applicants.

The purpose of the acquisition is to grow the digital business and expand into a
new business area. Strategically, the acquisition supports Ekspress Grupp's
long-term goal of increasing revenues from digital subscriptions and services
and creates an opportunity for international expansion. After the transaction,
Liikluslab Baltic OÜ will continue to operate as a separate company. As a group,
Ekspress Grupp offers Liikluslab Baltic synergy in functions supporting the main
business, providing notably bigger growth potential for the growing company.

The parties have agreed neither to disclose the price nor any other terms of the
transaction. The transaction is scheduled to be completed by the end of 2025 and
is partly financed with a bank loan from AS SEB Pank. The transaction is not
considered as a significant transaction according to the rules and regulations
of the NASDAQ Tallinn Stock Exchange "Requirements for Issuers". AS Ekspress
Grupp confirms that the members of the Group's Management and Supervisory Boards
are not personally interested in the transaction.

Karl Anton
Member of the Management Board
+372 514 4750
[email protected] (mailto:[email protected])

AS Ekspress Grupp is the leading Baltic media group whose key activities include
web media content production, and publishing of newspapers, magazines and books.
The Group also operates an electronic ticket sales platform and ticket sales
offices in Latvia and Estonia, offers digital outdoor screen service in Estonia
and Latvia. In addition, the Group companies organize conferences, trainings and
events mainly in Estonia and Lithuania but also in Latvia. Ekspress Grupp
launched its operations in 1989 and employs about 1000 people.