Efecte Oy (HLSE:EFECTE) signed an agreement to acquire requeste from Sysart Oy for approximately ?0.36 million on August 21, 2023. The purchase consideration is payable from the Efecte's cash assets in two tranches upon closing and in May 2024. Requeste currently has four employees in Oulu and net sales approximately ?0.5 million for the year ended 2022. Requeste team will join to Efecte. The transaction is subject to customary closing conditions, including approval by largest customers of the Requeste business and is expected to be closed on September 1, 2023.

Efecte Oy (HLSE:EFECTE) completed the acquisition of requeste from Sysart Oy on September 1, 2023. Waselius & Wist acted as legal advisor to Efecte Oy.