Kjederegnskap og Rådgivning AS becomes part of ECIT

10 Sep 2024 15:03 CEST

Company announcement No. 253

ECIT AS hereby announce that Kjederegnskap og Rådgivning AS has become a part of
ECIT.

- The acquisition strengthens ECIT’s presence within F&A in western Norway. We
are pleased to welcome customers and employees of Kjederegnskap og Rådgivning AS
to ECIT, says Peter Lauring, CEO in ECIT.

ECIT is acquiring 56 % of the shares in Kjederegnskap og Rådgivning AS, with an
option to acquire all remaining shares in the company.


About Kjederegnskap og Rådgivning AS
Kjederegnskap og Rådgivning AS, located in Sandnes, delivers Accounting and
Payroll services. Kjederegnskap og Rådgivning AS has 12 employees and a revenue
of 18,4 MNOK for the fiscal year ending 31.12.2023. Read more on
https://kr-raad.no.

For further information please contact
Mads Skovgaard, Group CFO
mskovgaard@ecit.com
+45 2780 4942


About ECIT
Founded in 2013, ECIT supports a large customer base with accounting, payroll,
and IT services. ECIT has a proven model for acquisitions, combining proximity
to customers, local entrepreneurship and the strength of a larger international
group. ECIT has a full-year proforma revenue of 3.7 billion NOK per Q1 2024 and
more than 2,600 employees across ten countries. M&A has been key to drive the
Company's growth as ECIT has completed more than 135 acquisitions since 2013.
Read more at www.ecit.com.

More information:
Access the news on Oslo Bors NewsWeb site

627418_ECIT_StockExchangeRelease_No 253.pdf