Osmozis: acquisition of Camping Connect in the UK
In the 2022-23 financial year, ending October 31, 2023, Camping Connect is expected to achieve estimated sales of 1.9 ME.
Osmozis intends to integrate the company's 14 employees and the two entrepreneurs who run it, so that they can continue to develop the business in their current positions.
The purchase price for the acquisition of 100% of Camping Connect's shares is 2.2 ME. It will be paid 70% in cash, thanks to the proceeds of the fund-raising carried out in 2023, and 30% in treasury Osmozis shares, valued on the basis of a fixed price per share of 10.25 euros
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