Grupo IG8 acquire Tisa (Grupo IG8: adquisicion de la empresa madrilena Tisa)

Grupo IG8 acquire Tisa (Grupo IG8: adquisicion de la empresa madrilena Tisa). Check it out:

(Expansion Via Thomson Dialog NewsEdge) Spanish IT solutions group Grupo IG8 has acquired Tisa, a Madrid-based group that specialises in the production of point-of-sale terminals for the distribution and logistics sector. This will be Grupo IG8's first venture into the wholesale and retail enterprise resource planning and hardware solutions sectors.

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The acquisition will take Grupo IG8's workforce to 175, of whom 40 are based in Madrid, and its number of clients to 700. Turnover, meanwhile, will increase to 12m euros. Grupo IG8 were advised by Spanish firm Norgestion while Tisa was advised by UK firm Goetz Partners.

Abstracted from Expansion

Copyright 2006 The Financial Times Ltd. All rights reserved.

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September 25, 2006 12:34 PM

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