United Kingdom
United States
Asia Pacific
Anite slims to ‘the core’
Anite has agreed the sale of its Germany-based consultancy.
The company, Anite Space was sold for £7.5 million to Vega Group plc, a technology and consulting company with offices across Europe and the US.
Anite Space’s turn over was £4.9 million in the year to April 2004, and it achieved profits of £0.8 million. It employs 60 staff at its base in Darmstadt, Germany.
Anite chief executive, Steve Rowley said the sale was consistent with the Group’s intention to sell-off non-core businesses. Anite recently announced that it intends to focus on three core vertical markets – public sector, telecommunications and travel.
The sale is subject to approval from Vega’s shareholders, who will vote at an EGM on August 25. The sale is set for completion on September 2.
Report by Ginny McGrath
Related News Stories:
Ginny McGrath
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Storm Lilian travel chaos as bank holiday flights cancelled