group.one, through its Finnish entity Zoner Oy, a leading domain and hosting provider in Finland, today announced it has signed an agreement with telecommunications provider Telia Finland, to acquire their web hosting and related domain business in Finland.
This acquisition represents a strategic move to significantly expand group.one’s customer base and revenues in Finland, further strengthening its position in the Nordic region.
Daniel Hagemeier, CEO of group.one, commented: “We are excited to welcome Telia’s Finnish domain and hosting customers to our Zoner brand. This acquisition emphasizes our commitment to deliver exceptional products and services to an ever-growing customer base across Europe. With this acquisition we will drive sustainable growth and new opportunities for current and new customers in the region.
Kaisa Pajari, Telia Finland’s Head of Business Solutions, added: “The web hosting and website services market is increasingly concentrating on specialized operators who integrate these services into broader digital solutions offerings. There is excellent opportunity for further business development under group.one ownership, as this is their core focus. At Telia, we will focus more strongly on our core telecom businesses according to our strategy”
The acquisition is expected to close on 1st August 2024, subject to customary closing conditions.
About group.one
Headquartered in Sweden and with offices in 12 countries, group.one serves over 2 million customers, predominantly small- and medium-size enterprises. The company provides digital solutions such as Software as a Service and Hosting. Under group.one ownership, leading brands like one.com, Zoner, WP Rocket, Rank Math, Hostnet.nl, Herold.at and 20+ others enable customers to go and grow online. The company has significantly grown its revenues to over €300 million in the financial year ending 30th September 2023.
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