AROBS Transilvania Software S.A. (BVB:AROBS) acquired Infobest on February 27, 2024. The company will continue to be managed by Christian Becker and Yvonne Abstoss-Becker. The financial results of Infobest will be included in the consolidated financial statements of AROBS when the deal is closed. The closing of the deal is connected to the fulfillment of certain conditions and following the regulatory approvals. For 2023, Infobest group estimates a turnover of approximately ?4.8 million. AROBS, the transaction was facilitated by the law firm Radu Taracila Padurari Retevoescu (RTPR) as legal advisor and TS Partners for financial due diligence. Infobest was assisted by Clairfield International GmbH and PPR & Partner Pape Rauh Rechtsanwälte PartG mbB.

AROBS Transilvania Software S.A. (BVB:AROBS) completed the acquisition of Infobest on February 27, 2024.