ILPRA S.p.A. (BIT:ILP) acquired remaining 49% stake in Eltec S.R.L. from Elena Bossi and Luigi Bossi for approximately ?0.1 million on July 19, 2023. The consideration will be paid in cash. ILPRA S.p.A. is acquired 24.01% from Elena Bossi and 24.99% Luigi Bossi. Eltec reported turnover of ?0.6 million and EBITDA of ?0.04 million for the year ended 2022.

ILPRA S.p.A. (BIT:ILP) completed the acquisition of remaining 49% stake in Eltec S.R.L. from Elena Bossi and Luigi Bossi on July 19, 2023.