Epsilon Net S.A. (ATSE:EPSIL) acquired a 55% stake in HotelonCloud Limited for €0.18 on September 13, 2022. In related transactions, Epsilon Net acquired a 70% stake in Hotel Availabilities Limited for €0.09 million and 55% stake in BookOnlineNow IKE for €0.22 million. In 2021, HotelOnCloud's turnover amounted to €0.13 million, while the earnings before taxes amounted to €0.08 million.

Epsilon Net S.A. (ATSE:EPSIL) completed the acquisition of a 55% stake in HotelonCloud Limited on September 13, 2022