Announced
Completed
Financials
Tags
Single Bidder
Acquisition
Completed
Cross Border
Australia
digitalization
Digital Services
Private
Minority
Friendly
Synopsis
Powerbridge Technologies, a provider of multi-industry technology solutions, completed the acquisition of a 19% stake in DTI Group, a technology company specializing in international trade digitalization and platforms. Financial terms were not disclosed. "We see that the market demand for international trade digitalization is growing rapidly. We look forward to working with DTI to integrate our technology and market resources in developing and implementing the United Nation's Project. We believe this acquisition is critical to our growth and will enhance investor value," Stewart Lor, Powerbridge CEO.
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