CentralNic acquires SafeBrands

Digital Pandit

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On 9 January 2021, CentralNic acquired SafeBrands, a France-based award-winning innovator and technology pioneer for a total cash consideration of up to EUR 3.6m ($4.4m), representing 0.9x its FY2019 revenue. SafeBrands operated at approximately breakeven in FY2019.

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