The JYU’s acquisition offer and terms for the purchase of the shares of Jamk will next be processed by the Jyväskylä City Board

On 20 October 2025, the board of the City of Jämsä (the other minority owner of Jamk) approved the acquisition offer for Jamk University of Applied Sciences Ltd’s shares and gave the Vocational Education Institute of Northern Central Finland (POKE) approval to sell its shares to JYU. POKE will discuss the matter on 29 October 2025.

JYU’s acquisition offer to the City of Jyväskylä is €2,250,000 for a 50.6% share and to the minority shareholders (the City of Jämsä and POKE) it is €220,000 each for their respective 5% shares. JYU’s offer is based on an assessment of the potential to increase the national share of education, grow RDI funding through collaboration and control support service costs.

The University’s offer to the minority shareholders is valid only if the City of Jyväskylä approves the transaction. If the share transaction materialises, the University of Jyväskylä’s ownership share of Jamk University of Applied Sciences will be 60.6%.

“The acquisition offer we’ve made is based on the kind of value we see the joint consortium bringing to us in the future,” says Rector Jari Ojala. “The offer is not based on the balance sheet or the nominal value of the shares. This is a strategic decision driven by three economically measurable success factors: educational synergy, opportunities created through collaborative RDI efforts, and controlling the growth of service costs.”

Read the City of Jyväskylä’s press release (in Finnish).