Given the deal price, the initial market valuation of Dendrio Solutions amounts to RON62.5 million.
Agista fund was launched this year by Impetum Group.
“With Agista joining the shareholding structure, Dendrio sets off on the path toward capital market listing,” reads Bittnet announcement.
Dendrio Solutions in 2021 posted RON87 million turnover, flat from 2020, and operating profit worth RON5.41 million. It bets on 40% higher turnover in 2022.
Bittnet posted RON33.1 million revenues in the first three months of 2022, up 64%.
(English version by Catalina Apostoiu)