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New Deal


Announced

Var Group to acquire Di.Tech from Conad and CE.DI Marche.

Synopsis

Var Group, a provider of information technology services, agreed to acquire Di.Tech, which develops and supplies software solutions and IT services for the organized food distribution sector, in particular in the management of the information systems of logistics, supply chain and store management, from Conad, an Italian retail store brand, and CE.DI Marche, an operator of discount stores. Financial terms were not disclosed. "Thanks to this operation, we further enrich our skills in the software solutions sector to support the digital transformation of the companies, increasingly oriented towards digitalization, in a fundamental sector for the national economy such as the food distribution. To face the challenges and digital transformation of companies, in the current restart phase, investments in innovative technologies and specialized human capital with deep knowledge of business processes are needed," Francesca Moriani, Var Group CEO.

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