Progressio-backed Archiva completed the acquisition of a majority stake in Mitric.

Progressio-backed Archiva, a technological solutions company, completed the acquisition of a majority stake in Mitric, a technology company. "We are pleased to welcome all Mitric team members into the Archiva family and project, and to enhance the set of proprietary technological solutions available to the group to continue supporting our clients in their ongoing digitalisation, efficiency, and business process modernisation efforts. We believe this acquisition will generate significant synergies with the solutions already offered by Archiva and, in particular, that the Checker solution developed by Mitric will bring the market an unprecedented level of control over quality, compliance, and safety processes, fully aligned with Archiva’s vision of a digital transition focused on process excellence and full compliance with national, European, and international standards," Giuliano Marrone, Archiva Group CEO.