Auto-Flow ApS becomes part of ECIT and an increase of share capital in ECIT AS. Company announcement No. 80
ECIT AS hereby announce that the Auto-Flow ApS, a Danish RPA consultancy company, has become a part of ECIT.
- The acquisition strengthens ECIT competence and customer deliveries within business process automation. We are pleased to welcome customers and employees of AutoFlow to ECIT, says Peter Lauring, CEO in ECIT.
ECIT is acquiring 50.1 % of the shares in Auto-Flow, with an option to acquire all remaining shares in the company. The acquisition has been settled partly through cash, and partly by issuing new shares in ECIT AS.
About Auto-Flow ApS
Auto-Flow ApS, located in Aarhus, Denmark, provides support and automates business processes using RPA software. Auto-Flow ApS has a staff of 14 consultants and a revenue of 2.7 MDKK for the fiscal year ending 30.09.2021. Read more on www.auto-flow.dk
For further information please contact:
Iselin Paulsen, Head of Communication
+47 901 40 166
Mads Skovgaard, Group CFO
+45 2780 4942
ECIT was founded in 2013 and supports a large customer base with Accounting, Payroll and a broad range of IT services and solutions. ECIT has a well-proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of being a larger international group. ECIT has a proforma revenue (2021) of 2.55 billion NOK and +2,200 employees across 10 countries. M&A has been a driver of the Company's growth and ECIT has completed more than 125 acquisitions since 2013.
Read more at: www.ecit.com