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4-Traders Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Proact IT Group AB    PACT   SE0000412991

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Proact IT : Acquires 100% Stake in teamix

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01/10/2017 | 12:31pm CET
Deal Type: Acquisition
Deal Sub Type: 100% Acquisition
Deal Status: Completed
Deal Value: 9.4639 Million USD

Deal in Brief

Proact IT Group AB, a Swedish datacenter and cloud services provider, has acquired 100% stake in teamix GmbH, a German internet technology (IT) service provider with a focus on IT infrastructure, for EUR9 million (USD9.46 million) in a cash and stock transaction. Following the acquisition, teamix will be operated as a separate entity under the name Proact IT Germany GmbH. teamix has 85 employees with an annual turnover of approximately EUR35 million (USD36.8 million).

Index - Germany
Index - Internet Access
Index - Infrastructure Services
Index - Content Management

(c) 2017 World Market Intelligence. All rights reserved. Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. World Market Intelligence shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon., source WMI Deals

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NameTitle
Jason Clark President, CEO & Director-United Kingdom Unit
Nils Anders Hultmark Chairman
Jonas Persson Chief Financial Officer
Per Sedihn Chief Technology Officer
Åke Christer Holmén Independent Director
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