Getronics UK Limited acquired ITS Overlap from ITS Group (ENXTPA:ITS) on July 31, 2018. As part of transaction, ITS Group will receive a full payment in cash, part of which is spread over the next 2 years, with no performance conditions. The trading business located in Switzerland has not been included in the scope of the transaction. ITS Overlap reported turnover of €50 million in 2017. ITS Overlap employees will join Getronics with whom ITS Group will continue to collaborate on joint opportunities. Wanda Corporate Finance acted as financial advisor for ITS Group. Getronics UK Limited completed the acquisition of ITS Overlap from ITS Group (ENXTPA:ITS) on July 31, 2018.