Aallon Group Oyj (HLSE:AALLON) signed an agreement to acquire business of Tilitoimisto Avion Oy for €0.64 million on November 25, 2019. As per the agreement, Aallon Group Oyj will pay €0.39 million in cash and €0.25 million by the issue of 0.02 million shares to Tilitoimisto Avion Oy. Upon completion, Sari Yli-Paavola, the owner of Avion Oy, and his entire staff, will be transfered to Aalto Helsinki Oy and Sari Yli-Paavola will serve as the Customer Service Manager at Aalto Helsinki Ltd. The transaction is expected to have a minor positive impact on Aallon Group's net sales and EBITDA for the year 2019. The transaction has no effect on Aallon Group Oyj's medium-term financial targets.