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Work, Openjobmetis strengthens with 100% of Quanta

The acquisition provides for the assignment of 5% of the share capital to Quanta and the signing of a 5-year competition agreement

Work, Openjobmetis strengthens with 100% of Quanta

Openjobmetis, one of the leading employment agencies, has acquired 100% of Quanta, a labor administration company focused on the aerospace, ICT, naval and energy sectors, and 100% of Quanta Ressources Humaines, as well as indirectly of the respective Italian and foreign subsidiaries . This was announced by the company itself in a note, explaining that the closing of the operation is expected by May, after approval by the Competition and Market Authority.

Openjobmetis will pay 20 million euros. The agreement also provides for the assignment in favor of the seller of 685.600 treasury shares, already held by Openjobmetis, equal to 5% of the relative share capital and the signing of a non-competition agreement with the seller for a duration of 5 years, valued at 1,5, XNUMX million overall.

Quanta in 2019 recorded revenues of approximately 170 million euros and an Ebitda of 5,4 million.

“With this operation Openjobmetis consolidates its positioning among the leading players in the sector in Italy, while for foreign activities, consistency with the current strategy will be assessed”, reads the company's note. CEO Rosario Rasizza commented: "In this unprecedented historical moment, Openjobmetis looks to the future with its investment in Quanta, a truly interesting and unique reality, in harmony with Openjobmetis for the entrepreneurial spirit and work ethic that characterize us".

The takeover had repercussions on the Openjobmetis stock, listed on the Star. The shares were temporarily suspended pending the announcement and, having returned to trading, they gained 2,18% to 7,5 euros.

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