Assiteca S.p.A. (BIT:ASSI) signed a preliminary agreement to acquire CDM Insurance Brokers Srl from Federico Cangemi for €1.5 million on February 15, 2017. Long-term payables for acquisitions consist of installments due beyond the year that the Group must pay €3.7 million for the acquisition of C.D.M Insurance Brokers SRL. The deal subject to a number of conditions, including completion of due diligence. Execution of contract to take place by March 2017. Integrae SIM acted as Financial advisor for Assiteca S.p.A. Assiteca S.p.A. (BIT:ASSI) completed the acquisition of CDM Insurance Brokers Srl at the end of June, 2017.