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  5. 21 Grams AB Acquires Addoro AB

M&A Deal Summary

21 Grams AB Acquires Addoro AB

On February 24, 2017, 21 Grams AB acquired internet software and services company Addoro AB

Acquisition Highlights
  • This is 21 Grams AB’s 1st transaction in the Internet Software and Services sector.
  • This is 21 Grams AB’s 1st transaction in Sweden.

M&A Deal Summary
Date 2017-02-24
Target Addoro AB
Sector Internet Software and Services
Buyer(s) 21 Grams AB
Deal Type Add-on Acquisition

Target

Addoro AB

Goteborg, Sweden
Addoro AB is a developer and marketer of cloud-based solution for document design and document distribution, where the user controls its business communications regardless of business systems and distribution channel.

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Buyer(S) 1

Buyer

21 Grams AB

Stockholm, Sweden
Category Company
Founded 2004
Sector Information Technology
Employees35
Revenue 545M SEK (2014)
DESCRIPTION

21 Grams AB is a provider of postal management to corporate customers in the Nordics by leveraging its technology leadership in postage optimization, in combination with its unique set of knowledge and experience of post, print and document management software. 21 Grams was established in 2004 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Sweden M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-12 Europe Post ApS

Høje-Taastru, Denmark

Europe Post ApS is an international mail company based outside Copenhagen in Denmark.

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