Announced
Completed
Financials
Tags
Software
Domestic
Private
Friendly
Acquisition
Majority
Italy
it software
Single Bidder
Completed
Synopsis
Sesa-backed Var Group, an Italian Group in the field of value-added IT solutions for business segment, completed the acquisition of Albalog, an operator in the sector of development and offer of software, IT applications and integrated systems for the SME segment. Financial terms were not disclosed. "We strengthen our ability to support Italian companies in a crucial phase of the digital evolution of companies and we welcome the Albalog team that enriches us with new skills and specializations," Francesca Moriani, Var Group CEO.
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