Enersize acquires LEAQS

2018-11-08

Enersize makes a strategic acquisition for a European expansion.

The Finnish company Enersize Oyj (“Enersize”) listed on First North in Stockholm, has announced that it will, subject to approval at an extraordinary general meeting, acquire the European business Leaqs. Leaqs’ business includes a newly developed mobile-based software for structured leakage repair and end-use optimization, as well as an established customer and distribution network.

The acquisition is planned to be carried out partly in cash and partly by directed new issue of shares.

Enersize was assisted by Tuomas Lehtimäki, from the Finnish law firm Smartius, and Filip Bucin, MAQS Advokatbyrå.

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