ECIT AS (DE:3CZ) has released an update.
ECIT AS is set to acquire all shares of Qlosr Group AB’s IT sector subsidiaries in Sweden, aiming to enhance its Managed Services and IT supply capabilities. The completion of the deal is contingent upon due diligence, regulatory consent, and an extraordinary General Meeting approval, with a finalization date expected in November 2024. The purchase, which is significant for ECIT’s expansion strategy, will be conducted in cash and will include roughly 155 employees from Qlosr.
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