azets insight oy signed a business transfer agreement to acquire Microsoft Dynamics 365 Business Central and LS Retail solutions ERP business from Solteq Plc for €20 million on April 17, 2023. The Transaction is subject to customary preconditions. The transaction is expected to complete on May 2, 2023.

Juha Raunio, Kimmo Voutilainen and Ville Kangas of Nordhaven Corporate Finance acted as financial advisor to Solteq Oyj (HLSE:SOLTEQ). Clairfield International acted as financial advisor to Solteq Oyj.