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Announced

Completed

Vincit completed the acquisition of Bilot for €31m.

Synopsis

Vincit, a software developer, completed the acquisition of Bilot, an IT consultancy firm, for €31m. "Today is a great milestone in Vincit's 15-year growth journey. I would like to warmly welcome every person from Bilot to the Vincit team and Jens Krogell, the CEO of Bilot, to join the Vincit management team as the company's new strategy and vice president. Together, Vincit and Bilot complement each other by combining human-oriented design, data and software development with the most important commercial technology platforms and digital business know-how. At the same time, we want to continue to develop as the best possible workplace for current and future Vincit residents by creating exciting and even more international development paths, and by continuing to invest in workplace well-being and a strong sense of community. I would also like to thank all my colleagues and partners for their excellent work, who have contributed to the integration team and the preparation of the merger. With this attitude and drive, it's great to be able to continue the journey forward," Julius Manni, Vincit CEO.

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