Altia Consultores, S.A. agreed to acquire Noesis Global Sgps S.A. for €14.1 million.
December 15, 2019
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Altia Consultores, S.A. (BME:ALC) agreed to acquire Noesis Global Sgps S.A. for €14.1 million on December 16, 2019. For years 2019 and 2020 Altia and Noesis will operate independently. As of January 16, 2020, shareholders of Altia Consultores, S.A. has approved the transaction. Mário Lino Dias of Garrigues Portugal acted as legal advisor to Altia Consultores, S.A. Raul Lopez Moro, Pelayo Novoa and David Romera of BDO Financial Advisory acted as financial advisor to Altia Consultores.
Altia Consultores SA is a Spain-based company primarily engaged in the provision of information technology (IT) services. The Company's activities are divided into three business areas: Services, Products and Managed Services. The Services area offers IT and busness advisory services, development of IT systems, outsourcing, as well as complementary hardware and software, among others. The Products line is responsible for the development of software platforms, such as Flexia and Mercurio. The Managed Services division provides customized, long-term solutions, including business continuity plan in case of information loss, infrastructure as a service (IaaS), as well as management and monitoring of IT systems, among others. The Company cooperates with a numner of entites, such as IBM, McAfee, Hewlett-Packard (HP), Hitachi Data Systems, Oracle and Microsoft. It is a subsidiary of Boxleo Tic SL.