Relatech S.p.A. (BIT:RLT) agreed to acquire 81.66% stake in E.F.A. Automazione Spa for €7.3 million on December 29, 2021. For the year ended December 31, 2020 revenues of €13.5 million, EBITDA of €1.5 million, Net Profit €1.0 million.

Relatech S.p.A. (BIT:RLT) completed the acquisition of 81.66% stake in E.F.A. Automazione Spa on February 18, 2022.