Brief: Trifork Acquires 70% Of Spantree Technology Group In Chicago To Expand Offering In The Us Market

Trifork AG

28/05/2024 20:43

May 28 (Reuters) - Trifork Group AG  TRIFOR.CO :
    * TRIFORK ACQUIRES SPANTREE TECHNOLOGY GROUP IN CHICAGO TO
EXPAND
OFFERING IN THE US MARKET
    * TRIFORK WILL ACQUIRE 70% OF SPANTREE
    * PURCHASE PRICE IS NOT DISCLOSED.
    * PURCHASE PRICE IS NOT DISCLOSED
    * SPANTREE WILL CONTINUE AS A SEPARATE BUSINESS UNIT WITHIN
TRIFORK GROUP
    * IN 2024, TRIFORK  EXPECTS AN IN-ORGANIC REVENUE
CONTRIBUTION
FROM ALL ANNOUNCED ACQUISITIONS OF APPROXIMATELY EURM 3
    * ACQUISITION OF SPANTREE WILL BE CONSOLIDATED IN CO
INORGANIC
GROWTH FROM JUNE 2024, AND WILL NOT AFFECT UPDATED 2024 GUIDANCE

Source text for Eikon:  ID:nGNEc4vV99 
Further company coverage:  TRIFOR.CO 

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