Fos S.p.A. (BIT:FOS) entered into an agreement to acquire Inrebus Technologies S.R.L. for €1 million from selling shareholders and Managing Directors Stefania on November 12, 2020. The price will be paid in part in cash (€0.6 million at closing and €0.3 million at the 36th month following the completion of the transaction). The remaining 10% (€0.1 million) will be paid approximately within 30 days from the date of closing, by transferring to the selling shareholders the own shares of Fos purchased by it with the first €0.1 million invested in the purchase of own shares, on the basis of the plan buy-back approved by the ordinary shareholders' meeting of the Company in April 2020. Inrebus Technologies S.R.L. reported a turnover of €2 million, an adjusted EBITDA of about 12% of the turnover (€0.24 million) as of December 31, 2019. The closing is expected not before December 15, 2020 and by January 15, 2021. Fos S.p.A. (BIT:FOS) completed the acquisition of Inrebus Technologies S.R.L. from selling shareholders and managing directors Stefania on December 22, 2020. On February 17, 2021, Fos transferred 0.039 million shares equal to approximately 0.6% of the share capital to the selling shareholders of Inrebus. Docfin S.r.l. acted as a M&A advisor and dMTV Studio Legale acted as a legal advisor to Inrebus Technologies. Lega Colucci Morri & Associati acted as a legal advisor and Deloitte Touche S.p.A. acted as an accountant to Fos.