AROBS Transilvania Software S.A. (BVB:AROBS) agreed to acquire Infobest on February 27, 2024. The company will continue to be managed by Christian Becker and Yvonne Abstoss-Becker. The financial results of Infobest will be included in the consolidated financial statements of AROBS when the deal is closed. The closing of the deal is connected to the fulfillment of certain conditions and following the regulatory approvals. For 2023, Infobest group estimates a turnover of approximately ?4.8 million. Radu Taracila Padurari Retevoescu SCA acted as legal advisor and TS Partners ESPAND SRL acted as due diligence provider to AROBS. Dirk Middelhoff and Florin Bolchis of Clairfield International GmbH acted as financial advisor and PPR & Partner Pape Rauh Rechtsanwälte PartG mbB acted as legal advisor to Infobest.

AROBS Transilvania Software S.A. (BVB:AROBS) completed the acquisition of Infobest on June 3, 2024.