Be Shaping The Future S.p.A. (BIT:BEST) entered into Head of Terms to acquire 55% stake in Soranus AG for CHF 5.1 million on July 2, 2021. Be Shaping The Future S.p.A. finalized the agreement to acquire 55% stake in Soranus AG on August 3, 2021. The consideration has been paid only partially to the closure and will be permanently adjusted to the end of fiscal 2021 in accordance with the average EBITDA performance achieved by the company in 2020 and 2021. Be will then complete the acquisition of the remaining shares through a structure of Put/Call options to be exercised over the next years. Transaction has been financed by New line of Bank credit. For the year 2020, Soranus AG reported revenue of approximately CHF 10 million. The current managing directors will remain as minority shareholders. Be Shaping The Future S.p.A. has completed the due diligence for the transaction. Be Shaping The Future S.p.A. (BIT:BEST) completed the acquisition of into Head of Terms to acquire 55% stake in Soranus AG on August 3, 2021.