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Announced

Completed

Francotyp-Postalia completed the acquisition of Azolver.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Norway

Cross Border

Completed

Majority

Private

it consulting

IT Services: Other

customer communications

mailing hardware

Acquisition

Friendly

Synopsis

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Francotyp-Postalia, a franking machine supplier, completed the acquisition of Azolver, a provider of IT and technology solutions. Financial terms were not disclosed. "Azolver fits well to strengthen our market position and profitability in the Mailing, Shipping & Office Solutions business. We are as well looking forward to continuing the development of Azolver’s current SaaS solutions. Further, Azolver’s nearshore technology & service center will be an important part of our new operating model. We are happy to welcome our new colleagues as part of the FP family," Carsten Lind, FP CEO.

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