The transaction price is RON9.89 million, payable both in cash and in AST shares, resulting from a subsequent share capital increase, together with bonus payments for meeting certain financial performance indicators established in the memorandum.
The two companies’ common priorities envisage maintaining operational synergies, developing services lines and technical capabilities.
DCS ended 2024 with turnover worth above RON70 million (EUR14 million), up 130% from 2023, and net profit of around RON2 million.
Arctic Stream shares have lost 32% in the past 12 months amid capitalization of around RON90 million.
The company last year generated RON8.8 million net profit, down 3.5% from 2023, and RON140 million revenues, up 11%.
(English version by Catalina Apostoiu)