Admicom Oyj (HLSE:ADMCM) acquired Trackinno Oy on January 19, 2024. The enterprise value of the arrangement is approximately EUR 1.1 million and additional purchase price is EUR 0.0-0.4 million. The basic purchase price and any additional purchase price will be paid in full for cash consideration. Trackinno Oy's revenue for 2023 was approximately EUR 0.5 million and EBITDA 14% of revenue. With the acquisition, Admicom's software family and business operations will be strengthened with new smart functionalities, IoT solutions, partnerships, and growth and internationalization potential.

Admicom Oyj (HLSE:ADMCM) completed the acquisition of Trackinno Oy on January 19, 2024.