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- ECIT AS Acquisition of 50.1 % of The Shares In Intunor Services AS Is Completed
ECIT AS acquisition of 50.1 % of the shares in Intunor Services AS is completed
11 Nov 2022 08:00 CET
Issuer
ECIT AS
Company announcement No. 110
Reference is made to company announcement No. 104 of 17. October 2022, where the
company announced to have entered into an agreement to acquire 50.1 % of the
shares in Intunor Services AS including an option agreement to acquire the
remaining 49.9% of the shares.
The regulatory approvals have been granted and the transaction is now completed.
About Intunor Services AS
Intunor is a Norwegian finance and accounting company offering services based on
modern ERP systems for business administration, services for specialized
industry solutions and advisory services. Intunor including subsidiaries employ
135 employees, serves more than 1300 customers and delivered a 2021 revenue of
MNOK 129. Intunor is located in Oslo, Gardermoen, Tønsberg, Harstad, Bodø og
Rognan. Read more on https://www.intunor.com
For further information please contact
Iselin Paulsen, Head of Communication Mads Skovgaard, Group CFO
Iselin.paulsen@ecit.com mskovgaard@ecit.com
+47 901 40 166 +45 2780 4942
About ECIT
Founded in 2013, ECIT serves a large base of customers with accounting & payroll
services (the F&A Division) and with a broad range of IT services (the IT
Division). ECIT has a proven model for acquisition and integration, ensuring
closeness to customers and local entrepreneurship combined with the strength of
a larger international group. ECIT has a proforma revenue 2021 of 2.6 billion
NOK and +2,200 employees across 10 countries. M&A has been a key driver of the
Company's growth and ECIT has completed more than 130 acquisitions since 2013.
Read more at https://www.ecit.com
More information:
Access the news on Oslo Bors NewsWeb site
Source
ECIT AS
Provider
Oslo Børs Newspoint
Company Name
ECIT AS B-AKSJER
ISIN
NO0010939804
Symbol
ECIT
Market
Euronext Growth