Mercell acquires Ibistic International A/S in Denmark and CTM Solution B.V. in the Netherlands
Oslo, 11 May 2021 Mercell Holding AS (MRCL-ME) has signed agreements to acquire 100% of Ibistic International A/S (Ibistic) in Denmark and its distributor CTM Solution B.V. (CTMS) in the Netherlands. -We continue to scale further through our programmatic M&A strategy to consolidate existing markets, add product portfolios and customer bases, and expand our European presence, says CEO Terje Wibe in Mercell. Ibistic is a Nordic market leader in cloud-based invoicing and expense and travel management, with user-friendly systems for automation and integration with ERP systems. Ibistic has