Prodways Group SA (ENXTPA:PWG) acquired Creabis GmbH on July 6, 2021. The acquisition is financed by Prodways' available cash, will be subject of a dedicated refinancing in the short term. Creabis GmbH achieved a turnover of around 3 million in 2020. The acquisition will have an accretive effect on the profitability of Prodways' Products division.
Prodways Group SA (ENXTPA:PWG) completed the acquisition of Creabis GmbH on July 6, 2021.