Press releases

27 October 2021

Lleida.net inks the purchase of inDenova for 7.1 million euros

Madrid, 27 October 27 - Lleida.net (BME:LLN) (OTCQX:LLEIF) (EPA:ALLLN) has finalized the purchase of 100% of inDenova's stock for 7.1 million euros.

The contract was inked yesterday, between representatives of both companies, following a due diligence process that has taken place over the last few months. As part of the transaction, Lleida.net assumes as financial debt of 1.6 million euros.

The initial purchase interest was announced on June 30.

With this operation, and with the aggregate data for 2020, the company's EBITDA would grow to over 3.96 million euros. The combined turnover of both companies amounts to 19.7 million.  

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