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Croatia’s M SAN Grupa wraps up takeover of Data Link

Jul 5, 2023, 12:27:55 PMArticle by Annie Tsoneva
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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.

Croatia’s M SAN Grupa wraps up takeover of Data Link
M San Grupa. Source: M San Grupa

"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.

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)

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