ADROITINFO : SIGNS NON-BINDING AGREEMENT TO ACQUIRE MAJORITY STAKE IN VERSO ALTIMA GROUP D.O.O.

• Adroit Infotech to acquire majority equity stake in Verso Altima Group d.o.o., Zagreb, Croatia • Target standalone revenue ~13 million Euros; operates across 4 continents in IT services, digital transformation, telecom and SAP consulting • Combined revenue projected at $23-25 Mn (~₹225-250 Cr) with combined employee strength of 400+ • Transaction financed without third-party debt via internal accruals, preferential issue and rights issue proceeds • Acquisition subject to due diligence, definitive Share Purchase Agreement, board approvals and regulatory approvals in India and Croatia

Adroit Infotech Limited

Open attachment

← Back to feed