Awardit AB (publ) (OM:AWRD) entered into a definitive agreement to acquire Connex Marketing GmbH for €10.7 million on February 1, 2023. The total purchase price is approximately €10.7 million, of which €7.2 million is paid in cash and €3.5 million in Awardit shares. Connex is a very well managed business, with 2022 revenues of approximately €15.6 million and an estimated EBIT of €1.4 million.