ITAB completed the acquisition of HMY Group for €320m.

ITAB, a company that aims to help retailers increase sales, completed the acquisition of HMY Group, a provider of retail solutions, for €320m. ”We are thrilled that our two companies now join forces to the benefit of all our customers and employees. We see this as a strategic and cultural fit with clear synergies and value creation over the coming years. We are now the leading solution provider for the retail market, which has been our strategic ambition. I am happy to welcome all HMY teams as new colleagues and I am convinced we will be Better Together", Andréas Elgaard, ITAB Group President & CEO.