Cognosec enters into an exclusive agreement to acquire ITWAY’s Cyber Security Value Added Distributor interests in Turkey and Greece for €10 million
· Cognosec to acquire 100% of ITWAY HELLAS SL SA & ITWAY TURKYIE LTD · ITWAY Turkey and Greece dominate cyber product distribution markets. · ITWAY Turkey and Greece revenues in 2017 are €26m* with EBITDA of €1.9m* Cognosec AB (publ) (“Cognosec”), (Nasdaq: COGS OTC-Nasdaq Intl. Designation: CYBNY), a leading supplier of cyber security solutions with operations in Europe, Africa and the Middle East, signs an exclusive agreement with ITWAY S.p.A. (“ITWAY”),