Admicom Oyj acquired a 83.5% stake in Aitio Finland Oy from Rouhee Group OY and Toni Paloniemi for 5.1 million.
Admicom Oyj (HLSE:ADMCM) acquired a 83.5% stake in Aitio Finland Oy from Rouhee Group OY and Toni Paloniemi for 5.1 million on December 22, 2021. The consideration will be settled through a share swap, Admicom will issue approximately 0.06 million shares at 86.69 for 83.5% of Aitio, the remaining stake will continue to be held by employees for further three years, Admicom will have the right to redeem these shares. for the period ended December 31, 2020, Aitio reported 2.28 million in revenues, approximately 0.58 million in EBITDA and approximately 0.68 million as total equity.
Admicom Oyj (HLSE:ADMCM) completed the acquisition of a 83.5% stake in Aitio Finland Oy from Rouhee Group OY and Toni Paloniemi on December 22, 2021.