Quest S A : Acquisition of Photovoltaic power station
January 21, 2020 at 09:34 pm IST
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Quest Holdings S.A. informs that its 100% indirect subsidiary 'Xilades Energiaki S.A.' on the 21st of January 2020 acquired the total number of the shares of the share capital of the company under the name 'PHOTOVOLTAICA PALIOMILOS S.A.' for a total consideration of € 1.9 m. including net debt.
'PHOTOVOLTAICA PALIOMILOS SA' owns a photovoltaic power station of 0,985 MW at the Municipality of Almiros, Prefecture of Magnisia.
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Quest Holdings SA published this content on 21 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2020 16:03:05 UTC
Quest Holdings S.A. is specialized in the distribution of computer and telecommunications products. In addition, the group offers IT, postal and financial services. Net sales are divided across the following activities:
- distribution of computer and telecommunications products (65.3%): PCs, laptops, tablets, printers, telecommunications equipment, smart objects etc. Quest Holdings S.A. also manages the "you.gr" e-commerce platform;
- IT services (16.1%): design and implementation of integrated IT solutions; development of cloud-based applications; systems integration; development of digital communications and e-commerce platforms; development of enterprise application software; consulting services for company digital transformation, etc;
- mail and parcel delivery services (14.3%);
- development of electronic payment solutions (3.4%; business sold in September 2021): in particular, development and management of point-of-sale terminals;
- renewable energy production (0.9%).
Net sales are distributed geographically as follows: Greece (79.3%), rest of Europe (20.4%) and others (0.3%).