Enfo Oyj signed a business transfer agreement to acquire SAP ERP business of Solteq Oyj (HLSE:SOLTEQ) for €2.3 million on December 30, 2019. Under the terms of the agreement, debt-free purchase price will be paid in cash by March 15, 2020. As part of the transaction, 21 experts of the SAP ERP business will be transferred to Enfo under their existing employment terms. Johan Wesander of Eversheds Sutherland Finland acted as legal advisor to Enfo Oyj. Enfo Oyj completed the acquisition of SAP ERP business of Solteq Oyj (HLSE:SOLTEQ) on January 1, 2020..