MeglioQuesto S.p.A. (BIT:1CALL) entered into an agreement to acquire 55% stake in Eureweb Srl from Psg Holding Srl for €18.8 million on March 29, 2022. The payment will be done in tranches and to pay first tranche 714,000 treasury shares.The transaction is expected to close on June 14, 2022. In 2021, Eureweb recorded revenue of €8.7 million, EBITDA of €4.8 million and Net profit of €3.3 million. BDO Italia S.p.A. acted as accountant and legal advisor to MeglioQuesto S.p.A.. Parisi & Associati - S. R.L. acted as legal advisor to Eureweb. Stefano Oddo acted as financial advisore to Eureweb.

MeglioQuesto S.p.A. (BIT:1CALL) completed the acquisition of 55% stake in Eureweb Srl from Psg Holding Srl on June 14, 2022