Zmarta from Swedish, the loan intermediary, to be acquired by German family-owned Bauer Media Group for an unconfirmed SEK 1bn

Zmarta, a loan intermediary based in Ängelholm, announced it was acquired by German family-owned Bauer Media Group for an unconfirmed SEK 1bn

Zmarta was founded in 2004 and reached in 2014 a turnover of SEK 190 million, with SEK 53 million in operating profit.

During 2015's first three quarters, Zmarta recorded sales amounted to SEK 250 million.

Bauer Media also has invested in Lifesum, the Stockholm-based digital health startup.