July 5 (SeeNews) - Croatian IT equipment and consumer electronics distributor and producer M SAN Grupa [ZSE:3MSA] said it acquired a 100% ownership stake in the local producer of computer equipment and IT engineering company Data Link on July 4, upon fulfilment of all conditions precedent.
"The next step is the integration of the business processes of Data Link into the operations of M SAN Grupa, during the second half of 2023," M SAN Grupa said in a filing to the Zagreb bourse on Tuesday.
You can subscribe to our M&A newsletter here
The value of the transaction was not disclosed. M SAN announced last month that it signed a deal to take over Data Link.
($ = 0.918 euro)