MAGELLAN to acquire MeTS

MAGELLAN has agreed to acquire MeTS in a transaction announced on 2 November 2025. The deal concerns a business operating within the NaceV2Sector_K_62.20 classification, which relates to computer facilities management activities. No specific financial consideration or deal value was disclosed in the available information regarding this acquisition. The parties have not specified the currency or the exact mix of cash and shares used to fund the purchase.

The transaction remains in the review phase as of the latest update. Regulatory approval and other standard conditions are required before the deal can be finalised. Completion has not yet occurred, and no specific date for the closing of the transaction has been confirmed. The status indicates that the process is ongoing pending the necessary regulatory clearances.