2023

Growens announces sale of Email Service Provider business to TeamSystem Group for a total consideration of 70 million Euro Focus on acceleration of future growth and development of BEE

Growens S.p.A. announced that on 2 February 2023 the Board of Directors approved the signing of a binding agreement (the “Agreement”) for the sale of the MailUp business unit and the share capital of Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and its subsidiary Globase International A.p.S. (collectively the “Email Service Provider”) to TeamSystem S.p.A. (“TeamSystem” or the ”Purchaser”) for a total consideration of 70 million Euro on a cash/debt free base (the ”Transaction”).

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