Company announcement No. 224ECIT AS hereby announce thatFrejs Konsulter AB has become a part of ECIT. - The acquisition strengthens ECIT's presence within F&A in Göteborg,Sweden . We are pleased to welcome customers and employees of Frejs Konsulter to ECIT, saysPeter Lauring , CEO in ECIT. ECIT is acquiring 100 % of the shares inFrejs Konsulter AB . The acquisition has been settled in cash. About Frejs Konsulter From its office in Göteborg,Frejs Konsulter AB delivers Accounting and Payroll services. Frejs Konsulter has 12 employees and a revenue of 17.3 MSEK for the fiscal year ending31.12.2022 . Frejs Konsulter has been part ofFrejs Group which also delivers Audit and Tax services. Read more on https://frejs.se. For further information please contactMads Skovgaard , Group CFO mskovgaard@ecit.com +45 2780 4942 About ECIT Founded in 2013, ECIT supports a large customer base with accounting, payroll, and IT services. ECIT has a proven model for acquisitions, combining proximity to customers, local entrepreneurship and the strength of a larger international group. ECIT has a full-year proforma revenue of3.5 billion NOK per Q3 2023 and more than 2,500 employees across ten countries. M&A has been key to drive the Company's growth as ECIT has completed more than 130 acquisitions since 2013. Read more at www.ecit.com.
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