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Announced

Completed

EG completed the acquisition of Hano.

Synopsis

EG, a provider of information technology services, completed the acquisition of Hano, a supplier of internet-based booking, journal and POS systems for hairdressers and supplier for therapists, skincare specialists, alternative therapists and sport businesses. Financial terms were not disclosed. "Hano AS has a strong position in the market, which the company has built up over the last 20 years. With this acquisition we are able to show that we are committed to being number one in our respective verticals and to deliver the best industry-specific IT solutions in Scandinavia. This is our fifth acquisition in under twelve months, and Norwegian Hano clearly strengthens our position in health and wellness in the Scandinavian market," Mikkel Bardram, EG CEO.

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