11/01/2021

Sanoma Learning completes the acquisition of Santillana Spain

The Spanish company will maintain the focus on providing K-12 learning materials, key to Early Childhood, Primary, Secondary and Vocational Training education in Spain.

Madrid, January 11, 2021. Sanoma Learning, Europe’s leading provider of learning solutions in print and digital format, has completed the acquisition of Santillana Spain, a leading company in learning materials, from Promotora de Informaciones S.A. (Grupo PRISA). The acquisition, which has been enthusiastically received by both parties, was announced on October 19, 2020.

Sanoma Learning CEO Rob Kolkman: “I’m very pleased that we can announce that the experienced and dedicated Santillana team is now part of Sanoma Learning. I would like to warmly welcome our new Spanish colleagues; I can’t wait to start working together and learn from each other. We share the same vision and passion for education: supporting teachers and schools with the best learning materials and digital platforms, so they can help all students to reach their potential.“

Regarding the future of the Spanish company, Kolkman explained that: “The acquisition of Santillana Spain reflects Sanoma Learning’s strategy of increasing its positive impact on education throughout Europe. We see opportunities for growth with upcoming curriculum renewals and digitalisation. At Sanoma Learning we have good digital platforms and products, both in Spain and internationally, and we will investigate how to benefit from these solutions in the Spanish market. Many of our digital teaching platforms have been introduced in various countries and can be adapted (for example, to language and curricular requirements) to new geographic markets.”

Javier Caso de los Cobos, CEO of Santillana, stated that: “The team of professionals at the Santillana publishing house awaits with excitement and great expectations the integration into Sanoma Learning, since it is an excellent opportunity to share successful educational projects with other companies in the group operating in the European environment.”

Additional Information
Those media that are interested in conducting an interview with Javier Caso de los Cobos or Rob Kolkman can contact:

• José Luis Escudero Plaza, director of PR, Communication and Marketing of Santillana Spain:

Tel: 917 44 93 96 – email: Jlescudero@santillana.com

• Christel Lammertink, Corporate Communication Manager at Sanoma Learning:

Tel: +31 657 15 34 56 – email: Christel.lammertink@sanoma.com

For investor relations, please contact Kaisa Uurasmaa, Head of Investor Relations and CSR of Sanoma Corporation: Tel: +358 40 560 5601 – email: kaisa.uurasmaa@sanoma.com

About Sanoma Group and Sanoma Learning
Sanoma is an innovative and agile learning and media company with an enormous daily impact on the lives of millions of people.

Our learning products and services enable teachers to develop the talents of each student so that they can reach their full potential. We offer content in printed and digital format, as well as teaching platforms for Primary, Secondary and Vocational Training. Our purpose is to extend our business throughout Europe.

Our Finnish media network offers independent journalism and engaging entertainment both today and for generations to come. Our unique position, supported by multiple media, offers the best marketing solutions for our business partners.

Today, we operate in eleven European countries and employ more than 4,500 professionals. In 2019, our net sales reached 900 million euros and our operating EBIT, excluding the power purchase agreement (PPA), was 14.8%. Sanoma’s shares are listed on Nasdaq Helsinki.

For more information, visit the websites: www.sanoma.com and www.sanomalearning.com.

Santillana, building the future every day
Santillana has promoted education in Spain for more than 60 years and has a wide range of products for each educational stage (Early Childhood, Primary, Secondary, Baccalaureate and Vocational Training) and teaching area, always with the aim of ensuring consistency between teaching practice and the curriculum. It offers teachers the solution that best adapts to the methodology and numerous materials that help them carry out their daily work effectively: textbooks, digital projects, teaching guides, reinforcement and extension books, schedules and materials schoolchildren.

www.santillana.es