Brief: Digitalist Acquires Walker & Handson

Digitalist Oyj

23/02/2023 07:45

Feb 23 (Reuters) - Digitalist Group Oyj  DIGIGR.HE :
    * DIGITALIST GROUP STRENGTHENS ITS FINNISH SUBSIDIARY
THROUGH AN
ACQUISITION
    * DIGITALIST FINLAND OY ACQUIRES WALKER & HANDSON OY ("W&H")
    * IN TRANSACTION DIGITALIST FINLAND OY ACQUIRES ALL SHARES
IN W&H
THROUGH SHARE EXCHANGE
    * TURNOVER OF W&H ON FINANCIAL YEAR 2022 WAS APPROXIMATELY
EUR 83K
WITH A POSITIVE NET RESULT.
    * IN 2023, TRANSACTION IS ESTIMATED TO BRING A DIRECT
INCREASE IN
TURNOVER OF APPROXIMATELY EUR 0,3 MILLION TO GROUP.
    * MAIN PART OF CALCULATED PURCHASE PRICE OF EUR 0,9 MILLION
IS
GOODWILL, WHICH IS RECORDED IN GROUP'S BALANCE SHEET.
    * TRANSACTION IS BELIEVED TO SIGNIFICANTLY IMPROVE
DIGITALIST
FINLAND OY'S FUTURE GROWTH OPPORTUNITIES IN FINLAND.

Source text for Eikon:  ID:nGNE8cXTrB 
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