Acquiring Company
ITAB Shop Concept AB
Acquired Company
Bytter
ShenzhenRetailFinancial ServicesFinanceGovernmentDescription
Itab Shop Concept has entered into a definitive share purchase agreement to acquire Financière HMY for a cash consideration of EUR 320 million. The acquisition is expected to close in the beginning of the first quarter of 2025, subject to approval from relevant competition authorities and other customary closing conditions.
Quick answer
ITAB Shop Concept AB is acquiring Bytter, announced December 5, 2024.
- How much did ITAB Shop Concept AB pay for Bytter?
- The deal value was not disclosed.
- What does ITAB Shop Concept AB do?
- ITAB Group provides solutions for retail environments.
- Where are ITAB Shop Concept AB and Bytter based?
- Bytter is based in Shenzhen, Guangdong, China.
- Who are the decision-makers at ITAB Shop Concept AB?
- Fundz holds 5 contacts at ITAB Shop Concept AB. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at ITAB Shop Concept AB, and when
When ITAB Shop Concept AB changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ITAB Shop Concept AB raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ITAB Shop Concept AB, from your own LinkedIn network
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Fundz sees it the moment ITAB Shop Concept AB makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Bytter?
Bytter was acquired by ITAB Shop Concept AB. The deal was reported on December 5, 2024. ITAB Group provides solutions for retail environments. They focus on creating efficient, impactful consumer experiences. ITAB Shop Concept AB is privately held and operates in Retail.
When did ITAB Shop Concept AB acquire Bytter?
ITAB Shop Concept AB's acquisition of Bytter was reported on December 5, 2024. Itab Shop Concept has entered into a definitive share purchase agreement to acquire Financière HMY for a cash consideration of EUR 320 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bytter do?
Bytter is a national high-tech enterprise specializing in providing treasury management solutions for enterprises. It offers a comprehensive range of solutions, including group treasury management systems and core business systems for finance companies. It is privately held, operating in Financial Services, and is based in Shenzhen.
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