Regulatory press releases from HMS Networks

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All the latest financial press releases from HMS Networks

HMS Networks AB (publ) completes acquisition of the majority in WEBfactory GmbH

by User Not Found | Apr 01, 2019

The acquisition of 74.9% of all shares in WEBfactory GmbH has today been completed. The acquisition was announced in a press release on March 13th, 2019.

WEBfactory is a well-established software company with customers worldwide, primarily known for its i4 suite of software products. The i4 portfolio addresses IIoT-related customer challenges such as data collection, analysis and visualization.

WEBfactory GmbH, including its fully owned subsidiary in Romania, employs 27 people and is expected to have sales of EUR 2.5 million in 2019. The acquisition will have a limited impact on HMS’ earnings per share in 2019. 


For more information, please contact:
Staffan Dahlström, CEO HMS, +46 (0)35 17 29 01
Joakim Nideborn, CFO HMS, +46 (0)35 710 6983


Investors press contact

HMS Headquarters - Sweden

JONI

JOAKIM NIDEBORN

Tel: +46 35 17 29 00

Email: joni@hms.se