Danish competition authority approves acquisition of Inventio.IT
Dustin has received approval without reservations from the Danish competition authority regarding the proposed acquisition of Inventio.IT.
The agreed terms of the transaction, which were originally published on March 6, 2019, are thus fulfilled and Dustin is expected to consolidate the company by mid-April.
The acquisition is estimated to have marginal impact on Dustin's earnings per share during the current fiscal year.
For further information, please contact:
Eva Ernfors, Head of Information: email@example.com, +46 702 58 62 94
Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.
Dustin has more than 1.500 employees. Sales for the 2017/18 financial year amounted to SEK 10.3 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.