Bonnier Business Press acquires majority stake in Danish publisher of digital learning materials, Clio Online
Stockholm, Sweden – March 27, 2015 — As of today, Bonnier Business Press has acquired the majority share of digital learning materials publisher Clio Online. Founded in 2006, Clio Online has established itself as the market leader within digital learning materials for elementary schools in Denmark, effectively creating a new market.
Best possible partner for digitalizing schools
Clio Online’s product portfolio offers a wide range of tailored and proven digital learning portals for a majority of subjects and grades, accompanied by an advanced learning management platform.
“Clio Online’s strong market position makes it possible for us to enter a highly interesting market segment and develop it even further,” says Anders Eriksson, business area head for Bonnier Business to Business. “Digital learning materials in schools are one of the final frontiers in the digitalization of content and society. By acquiring Clio Online, we provide ourselves with the best possible partner for bringing that digitalization to markets outside of Denmark.”
Bonnier Business to Business also sees great opportunities to leverage Clio Online’s platform and conceptual skills into new applications for the corporate market.
“The acquisition will provide a boost as well as a solid foundation for our current and planned efforts in corporate e-learning and knowledge products,” says Anders Eriksson.
Ready to take on the international market
Today digital learning materials form around 40 percent of the total market for learning materials in Denmark – a share that has increased significantly in recent years. Clio Online is estimated to have around 35 percent of the Danish market, and now the company is ready to take on the international market.
“Clio Online has played a significant part in placing the Danish market at the forefront of digital educational resources in schools, on a global scale, and we are very eager to show new markets the potential of investing in more digital learning materials,” says founding partner Louise Herping Ellegaard, who will stay on in her current capacity in the management team of Clio Online together with the two other founding partners, Janus Benn Sørensen and Lasse Guldsborg.
“Together with Bonnier, we have both a deep knowledge of and a strong base in the Danish market for digital learning materials as well as a strong presence in a number of neighboring markets. This gives us a unique opportunity to become the leading provider of digital educational materials internationally. An opportunity we have every intention of exploiting,” says Janus Benn Sørensen.