Ekspress Grupp — M&A Activity 2025

May 7, 2025

Delfi Lithuania changes company structure

Delfi Lithuania changes company structure

UAB Delfi, a 100% subsidiary of AS Ekspress Grupp, is finalising the acquisition
(https://view.news.eu.nasdaq.com/view?id=1334056&lang=en) agreement signed in
December 2024 by merging with its subsidiary, UAB Kenton Baltic, which
specialises in organising conferences.

The objective of this restructuring is to enhance management efficiency and
transparency. The merger will have no impact on the consolidated profit, assets,
or liabilities of the AS Ekspress Grupp group.

Lili Kirikal
CFO
AS Ekspress Grupp
Email: [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 and offers outdoor screen service in Estonia and Latvia.
Ekspress Grupp launched its operations in 1989 and employs almost 1,100 people.