InfoCert now holds 100% of the French company’s share capital


    Rome, July 12, 2023. Tinexta informs that, pursuant to the sale and purchase agreement signed on October 26, 2021 (the “Agreement”) between the French company Oodrive S.A.S. and InfoCert S.p.A., the option to purchase the remaining 40% of the capital of CertEurope S.A.S. has been exercised under the conditions defined in the said Agreement. InfoCert, which already owns 60% of the capital, thus acquires 100% control of the share capital of CertEurope.
    The consideration for the acquisition of 40% of the capital amounts to approximately 30.6 million Euros. Under the terms of the agreement, this option became exercisable following the approval of CertEurope’s 2022 budget.
    Today’s transaction was financed with equity. The transaction does not change the economic contribution of CertEurope to the consolidated results of the Tinexta Group, as the company has been fully consolidated since its inclusion in the scope of consolidation.


    Tinexta is an industrial Group that offers innovative solutions for the digital transformation and growth of companies, professionals and institutions. Listed on the Euronext STAR Milan (MIC: MTAA), it is included in the European Tech Leader index as a high-growth tech company. Based in Italy and present in 9 countries from Europe to Latin America with over 2,000 employees, Tinexta is active in the strategic Digital Trust, Cyber Security and Business Innovation sectors. As at 31 December 2022, the Group reported consolidated revenues of € 357.2 million, Adjusted EBITDA of € 94.8 million and Net profit of € 78.1 million. | Stock ticker: TNXT, ISIN Code IT0005037210


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