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Estonia’s First and Leading Internet Marketing Company Altex Marketing OÜ Has New Owners

Altex Marketing OÜ board members, Andri Viiand and Tõnis Hinnosaar, today became the majority owners of Altex Marketing OÜ following the successful purchase of 99.9% of the shares owned by co-founders Birgit Naur and Robin Gurney.

Robin Gurney said, “It’s been a wonderful ride the past seven years and I am enormously proud of the fact that Altex has been an innovator in the internet marketing space, grown every year and been profitable every year too. I have no doubt that Andri and Tõnis will continue to develop the company and I am excited by their passion, innovation and commitment to delivering excellent results for Altex clients.”

“The future is bright and we thank Robin and Birgit for all their efforts over the years and providing a solid platform on which we can continue to build,” commented Andri Viiand, MD.Tõnis Hinnosaar, Director and Partner at Pay4results.eu added “This is a fantastic opportunity for me and Andri to accelerate the growth of the company and its a very positive move for altex people, our clients and partners. Andri and I share a vision for the future and consolidating the ownership of the company makes realisation of that vision come even closer.”

Andri Viiand is Managing Director at Altex as of 2011 and he’s responsible for managing Altex and key client projects. Andri’s wide ranging experiences in E-channels and project management come from 4 years as Web Manager for Estonia’s biggest company Eesti Energia where he was responsible for the everyday management and development of Eesti Energia’s web team – which handles more than twenty different websites and intranets in 4 countries.

Tõnis is leading the European CPC, CPA & Affiliate Marketing Network Pay4results.eu and has played a key role at Altex Marketing since 2006.

Robin and Birgit will complete the handover their responsibilities by the beginning of June and will focus their time on writing a children’s book, travelling the world and spending more time with their lovely kids Miabel and Josep. They will also be retained by Altex Marketing to work on special projects from time to time.

Altex Marketing has established itself as a/the leading internet marketing agency in the Baltic region and its Performance Advertising & Affiliate Network www.pay4results.eu goes from strength to strength and now has coverage and clients in 15 countries.

Altex Marketing’s turnover in 2011 was eur 527 000 and the company employed 12 highly qualified experts (altexors).

Additional information
Andri Viiand
Managing Director, Partner
email: andri@altex.ee
mobile: +372 553 1434
www.altex.ee

Tõnis Hinnosaar
Director and Partner at Pay4results.eu
email: tonis@altex.ee
mobile: +372 512 3086
www.pay4results.eu

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