(Alliance News) - Tweppy Spa has announced that it has finalized the acquisition of 100 percent of the share capital of Syncrogest Srl from partners Valerio Giacomelli, Silvia Canova and Syncronika Srl.

Syncrogest is active in the development and commercialization of a proprietary Software as a Service platform.

The consideration for the acquisition of 100 percent of Syncrogest's share capital is EUR740,857.86.

In addition, Tweppy paid the sellers, through the use of its own means, a total of EUR390,857.86 for the transfer of ownership of the shares being bought and sold. The company will pay, effective from today's date: within 12 months, a total of EUR175,000.00 and within 24 months, a total of EUR175,000.00.

By Claudia Cavaliere, Alliance News reporter

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