MUA mitula group limited
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March 2 (Reuters) - Mitula Group Ltd (MUA) : Mitula Group...

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    03/03/16
    09:39
    Post #: 17173283

    March 2 (Reuters) - Mitula Group Ltd (MUA) :

    • Mitula Group acquires Nuroa Internet Sl (MUA)
    • Expected that Nuroa, will generate between AUD 1.2 m and AUD 1.4 m in revenues in cy 2016 at a 35-40% EBITDA margin
    • Says acquired 100% of the shares of the Barcelona based Nuroa Internet Sl for approximately EUR 3.0 million
    • Olrio Blasco, former CEO of Nuroa Internet Sl will enter a consulting agreement with co to help facilite integration of nuroa into Mitula Group business
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