The deal values Elian Solutions and its subsidiary Elian Development Systems at EUR6 million (around RON31.4 million), a price that is set to be adjusted according to the usual mechanisms applied in such deals.
The company will receive EUR3.3 million related to its 61.68% stake in Elian and a difference of around 367 thousand euro in March 2027.
The buyer is the Latvian company Digmatix AS, a leading provider of Microsoft Business applications and advanced IT solutions serving customers in the Central and Eastern Europe region, especially in the SME market segment.
The sale of Elian falls within the Group’s announced strategy to capitalize on the assets in its portfolio. The funds obtained will be redirected to carry out BNET share buybacks programs and/or dividend distributions to the Issuer’s shareholders.
(English version by Catalina Apostoiu)