Maps S.p.A. completed the acquisition of remaining 49% stake in Energenius S.r.l. for 2.8 million.
Maps S.p.A. (BIT:MAPS) entered into an agreement to acquire remaining 49% stake in Energenius S.r.l. on September 16, 2022. In 2021, Energeius reported adjusted EBITDA of 0.268 million and Net Financial Debt of 0.012 million. The transaction is expected to close in April 2023. Carlo Riganti of Starclex - Studio Legale Associato Guglielmetti acted as legal advisor and Thymos Business & Consulting S.R.L. acted as Financial Advisor to Maps S.p.A. Richard Putz of REICH OBERTHALER PUTZ & PARTNER acted as legal advisor to sellers.
Maps S.p.A. (BIT:MAPS) completed the acquisition of remaining 49% stake in Energenius S.r.l. for 2.8 million on April 28, 2023. Maps paid 0.375 million in October as confirmatory deposit, 1.825 million on April 28, 2023 and the remaining 0.6 million will be paid at the end of 24 months following the closing.