Zalaris ASA: Acquisition of ba.se. GmbH completed – providing platform for strengthened growth in Germany and Central Europe
Zalaris ASA has successfully completed the acquisition of ba.se. service & consulting GmbH (“ba.se”), which was announced on 19 May.Ba.se. is a leading provider of payroll and HR services within the German retail sector. With this expansion, Zalaris increases its recurring revenue base in Germany, and gains significant expertise within the retail sector. The acquisition will provide Zalaris with an additional platform for further BPO growth in Germany and Central Europe, and is expected to be accretive (positive impact on multiples and EBIT margin) already in 2021. The acquired