IGS EMEA SL acquired Cpp Italia S.R.L. from CPPGroup Plc (AIM:CPP) for ?0.5 million on June 14, 2024. The Disposal marks the final step in the Group's withdrawal plans from its legacy operations with Spain and Portugal closed, Italy and Mexico sold, and the UK in active run-off. For the 2023 Financial Year, CPP Italy contributed EBITDA of ?0.23 million and recorded a profit before tax of ?0.11 million. As at 31 December 2023, CPP Italy had net assets of ?0.11 million. Richard Lindley and Will King from Liberum Capital Limited acted as financial advisor for CPPGroup Plc.

IGS EMEA SL completed the acquisition of Cpp Italia S.R.L. from CPPGroup Plc (AIM:CPP) on June 14, 2024.