Inside Information: Solteq sells its ERP business based on Microsoft BC and LS Retail solutions to Azets
Stock Exchange BulletinInside InformationApril 17, 2023, at 09:00 a.m. EETOn April 17, 2023, Solteq has signed a business transfer agreement, whereby the Group’s ERP business based on Microsoft Dynamics 365 Business Central and LS Retail solutions will be sold to Azets (the “Transaction”). The completion of the Transaction is estimated to take place on May 2, 2023. The completion of the Transaction is subject to customary preconditions.
The net debt-free purchase price of the business is a maximum of EUR 20 million. The fixed purchase price is EUR 15 million deducted by the net