Lime to acquire Userlike and open office in Cologne.
NORDIC BUSINESS REPORT-April 27, 2021-Lime to acquire Userlike and open office in Cologne
(C)2021 M2 COMMUNICATIONS http://www.m2.com
Swedish customer relationship management (CRM) software company Lime Technologies AB (STO:LIME) said on Tuesday that it has agreed to acquire the shares of German SaaS provider Userlike UG.
As well as enhancing Lime's product portfolio, this acquisition provides a springboard into the German market. Lime intends to build up a CRM organisation with an office in Cologne from mid-August this year.
In the first stage of the acquisition, Lime will purchase 90% of Userlike's shares for a preliminary purchase price of EUR19.8m. This transaction is expected to be completed on 30 April 2021.
The second stage of the acquisition...
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