Through this operation InfoCert completes the signing for the acquisition of CertEurope, Certification Authority leader in France.
As announced in July, on October 26th 2021 InfoCert finalized the signing for the acquisition of a 60% of stake of CertEurope S.A.S.
The transaction will allow InfoCert a faster penetration of the French market, the second largest digital trust market in the European Union.
Thanks to the capabilities of CertEurope and its widespread sales network, InfoCert will be able to distribute its solutions throughout Enterprises in France.
CertEurope, headquartered in Paris, is one of the largest Certification Authorities in France, with a powerful and well-known brand and 40% of market share in the eIDAS/RGS (Référentiel Général de Sécurité) certificate sector.
The company has authorizations and accreditations to issue all kind of certificates required by the French market, in compliance with technical requirements established by the National Agency for the Security of Information Systems (ANSSI).
The closing is expected by the end of 2021.