Trifork Holding AG (CPSE:TRIFOR) agreed to acquire Chapter 5 A/S on October 5, 2023. Chapter 5 will continue as a separate business unit within the Trifork Group and the founder and management of C5 remain in place and fully committed to the future development of the company. As part of the transaction, Trifork also acquired 49% of the startup company Grantet. Grantet will become part of Trifork Labs, which leads Trifork Group?s venture-financed R&D activities. Chapter 5 has achieved earnings before interest and tax (EBIT) of ?1.2 million in 2022. The transaction is currently being finalized and is expected to be completed on October 6, 2023. Jacob Roesen and Linea R. Conforti of Lund Elmer Sandager acted as legal advisor to Chapter 5 in this transaction.

Trifork Holding AG (CPSE:TRIFOR) acquired Chapter 5 A/S on October 6, 2023.