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Announced

Completed

Sesa-backed Var Group completed the acquisition of Albalog.

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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