ECIT AS hereby announce that ECIT Sustainability AS has become a part of ECIT.
- The acquisition strengthens ECIT’s competence and customer deliveries within sustainability consultancy and reporting. We are pleased to welcome customers and employees of ECIT Sustainability to ECIT, and to take a further step towards becoming a partner for our customers within sustainability consulting and sustainability reporting, says Peter Lauring, CEO in ECIT.
ECIT is acquiring 50.1 % of the shares in ECIT Sustainability, with an option to acquire the remaining shares in the company. The acquisition has been settled in cash.
Founded in 2013, ECIT supports a large customer base with accounting, payroll, and IT services. ECIT has a proven model for acquisitions, combining proximity to customers, local entrepreneurship and the strength of a larger international group. ECIT has a full-year proforma 2022 revenue of 3.1 billion NOK per Q1 2023 and more than 2,400 employees across ten countries. M&A has been key to drive the Company's growth as ECIT has completed close to 140 acquisitions since 2013. Read more at www.ecit.com.
For further information please contact:
Mads Skovgaard, Group CFO
+45 2780 4942