This is the tenth deal clinched by AROBS since the company’s shares were listed at the BVB, in October 2021.
„(…) We were determined to complete this deal given the extremely positive outlooks of Infobest and our objective of strengthening our foothold in Germany and the DACH region,” says Victor Oprean, AROBS founder and CEO.
Infobest was founded in 1995 in Pulheim, Germany, by entrepreneurs Yvonne Abstoss-Becker and Christian Becker, and in 2000, the company opened an office in Timisoara. Currently, Infobest has a team of over 100 specialists in the development of customized software solutions for the e-commerce, manufacturing, automotive, telecommunications, finance, media, and communications industries, covering the entire life cycle of an application – from business analysis, architecture, and UX design to development, testing, and maintenance.
Infobest has a strong presence on the DACH market with many long-term clients ranging from mid-size companies to multinational corporations, including Automotive, Telecom, Manufacturing global market leaders.
Infobest will continue to be managed by Christian Becker and Yvonne Abstoss-Becker. The financial results of Infobest will be included in the consolidated financial statements of the Company when the deal is closed. The closing of the deal is connected to the fulfilment of certain conditions and following the regulatory approvals. For 2023, Infobest group estimates a turnover of approximately EUR 4.8 million.
(English version by Catalina Apostoiu)