Ekspress Grupp — M&A Activity 2026

Apr 2, 2026

AS Ekspress Grupp to acquire a training company in Latvia

AS Ekspress Grupp to acquire a training company in Latvia

On 2 April 2026, A/S Delfi, 100% subsidiary of AS Ekspress Grupp, entered into
the contract for the acquisition of 100% of shares in the training company SIA
Baltijas Datoru Akad?mija from technology company SIA Tet.

SIA Baltijas Datoru Akad?mija (BDA) is a leading professional training provider
and one of the largest training centres in Latvia and the Baltics. Established
in 1994, it has over 30 years of industry experience. BDA offers training in IT,
project management, cybersecurity, data analytics and personal development,
along with internationally recognised certifications. BDA's key strength lies in
its team of knowledgeable and experienced instructors who deliver high-quality
training focused on practical skills applicable in everyday work.

The main goal of the acquisition is to support the growth of the digital
business by diversifying revenue streams and expanding into the professional
education sector in Latvia. It is aligned with Ekspress Grupp's long-term
strategy to grow revenues from digital products and services, including
subscriptions.

After the transaction, BDA will continue to operate under its existing brand and
will remain a legally separate entity within the Ekspress Grupp. The company's
activities will continue to be driven by its team of professionals and
instructors, delivering practical, skills-based training and professional
development programmes. Joining Ekspress Grupp will support the further
development of new education initiatives, including digital learning programmes,
professional skills academies, conferences, as well as initiatives in artificial
intelligence, such as AI school.

The parties have agreed neither to disclose the price nor any other terms of the
transaction. The transaction is scheduled to be completed during the second
quarter. 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.

Rain Sarapuu
CFO of the Group
[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.