June 30, 2023
ECIT is pleased to announce the acquisition of ITsjefen AS, expanding competence and customer offerings. ECIT, a leading provider of IT solutions, is excited to announce its acquisition of ITsjefen AS, a prominent company in the industry. This strategic move aims to strengthen ECIT’s competence and enhance its customer deliveries, particularly in Managed Services and Datacenter offerings. With the inclusion of ITsjefen, ECIT establishes a strong presence in Trondheim and sets the stage for further growth in this region.
Peter Lauring, CEO of ECIT, expressed his enthusiasm about the acquisition, stating, “We are delighted to welcome both the customers and employees of ITsjefen to the ECIT family. This collaboration enables us to expand our footprint in Trondheim and provides a solid foundation for our future endeavors in the area. Together, we will continue delivering exceptional IT services to our valued clients.”
Under the terms of the agreement, ECIT is acquiring 50.1% of the shares in ITsjefen AS, with the option to acquire the remaining shares in the company. The acquisition has been financed through a combination of cash and treasury shares. Following the transaction, ECIT now holds 824,094 treasury shares in its stock.
This strategic acquisition marks a significant milestone for ECIT, positioning the company for even greater success in the IT industry. By leveraging the expertise and resources of ITsjefen, ECIT is well-equipped to meet the evolving needs of its customers and deliver innovative solutions that drive business growth.
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