Entersoft S.A. (ATSE:ENTER) acquired Optimum S.A. for €5.1 million on December 29, 2020. As per the transaction, 50% of consideration shall be payable upon signing the agreement, 25% in 12 months and 25% in 18 months. This transaction will be financed partly from the funds raised by the listing of Entersoft on the ATHEX Main Stock Market and partly from the company's cash. For the year 2019, Optimum S.A. has reported revenues of €2.36 million and profit before taxes of €0.44 million. Apostolos Theodoropoulos, who until today was the Chief Executive Officer of Optimum, will be the head of the new joint activity in Supply Chain Management software and services. This transaction will not have a significant impact on Entersoft S.A. results for year 2020. Entersoft S.A. (ATSE:ENTER) completed the acquisition of Optimum S.A. on December 29, 2020.