IN BRIEF: Kin & Carta completes acquisition of software firm Melon

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Kin & Carta PLC - London-based business consultancy - Completes the acquisition of Sofia, Bulgaria-based software development company Melon AD and its subsidiaries.

Melon has a presence in Bulgaria, North Macedonia and Kosovo. The acquisition was announced in February for a total of £23.5 million, including potential earn-out amounts.

Current stock price: 217.00 pence, up 2.8% on Tuesday

12-month change: up 24%

Copyright 2021 Alliance News Limited. All Rights Reserved.