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Proact IT Group AB Completes Acquisition of Consular ApS

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Proact IT Group AB Completes Acquisition of Consular ApS

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Proact IT Group AB ( (SE:PACT) ) has shared an update.

Proact IT Group AB has finalized the acquisition of Danish IT company Consular ApS, enhancing its position in the Nordic market for infrastructure and cloud solutions. This acquisition is expected to bolster Proact’s Business Unit Nordic & Baltics through Consular’s expertise and market presence, contributing to continued growth and strengthening Proact’s offerings in data infrastructure and IT services.

The most recent analyst rating on (SE:PACT) stock is a Hold with a SEK112.00 price target. To see the full list of analyst forecasts on Proact IT Group AB stock, see the SE:PACT Stock Forecast page.

More about Proact IT Group AB

Proact IT Group AB is a leading specialist in data and information management, focusing on cloud services and data center solutions across Europe. The company aids customers in storing, connecting, protecting, and securing data to enhance agility, productivity, and efficiency. Founded in 1994 and listed on Nasdaq Stockholm in 1999, Proact has completed thousands of projects globally, serving over 4,000 customers and managing hundreds of petabytes of information in the cloud.

Average Trading Volume: 45,906

Technical Sentiment Signal: Buy

Current Market Cap: SEK2.89B

See more data about PACT stock on TipRanks’ Stock Analysis page.

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