Quest Holdings S.A. (ATSE:QUEST) is looking for M&A. Apostolos M. Georgantzis, CEO, MD & Executive Director said, "Our investment plans for the year 2023 include investments of about EUR 30 million, related mostly to growth investments. As you recall, probably from previous communication we've done, usually, the CapEx the group has, which is required for maintaining the business -- the maintenance CapEx is very low and is of the order of EUR 4 million to EUR 5 million. Therefore, more of the estimated investments in regard to growth CapEx, which is going to bring further growth to the group.

This investment mainly regarding infrastructure of courier services, the increase of energy portfolio as well as international expansion, plus some possible M&As targeted in the IT sector. At the same time, we also carefully pursue possible M&As in order to further profile growth".