Cafeyn Group Acquires Readly’s Non-Nordic Operations To Boost European Expansion

Cafeyn offers access to thousands of national and international titles across devices, while Readly provides a subscription model with a large catalogue of magazines and newspapers. The integration will significantly expand content availability, improving the overall user experience.

Following the deal, Cafeyn will serve more than 2.5 million users and generate nearly €100 million in combined revenue, while operating across 15 markets with access to over 5,200 publications from more than 1,100 publishers.

The transaction was completed with Bonnier News, which will retain ownership of Readly’s Nordic operations. Markets outside the Nordics, including Germany and the UK, will now be managed by Cafeyn.

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To ensure continuity, the Readly app will remain unchanged in Nordic countries under Bonnier News. Users in other regions will transition to a Cafeyn-managed app that will continue to use the Readly brand.

This move strengthens Cafeyn’s ambition to build a leading pan-European platform, combining scale, technology, and diverse content across news, audio, and video, while expanding its presence in the key markets like the UK, Benelux, and Germany.

Laurent Kayser, CEO of Cafeyn, stated: “This acquisition marks a turning point for Cafeyn. This will allow us to deliver greater value to users, more sustainable revenues for publishers, and to support quality journalism at a time when access to trusted information has never been more important.”

Anders Eriksson, CEO of Bonnier News, added: “This agreement enables both parties to focus on their respective growth strategies. We now look forward to further developing and growing Readly in the Nordic markets, as an important and integrated part of our business.”