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Avisen
- BY: Andrew Hore |
- POSTED: 27/04/2009 |
- COMMENTS: Add yours
Avisen has made its second acquisition since reversing into shell Z Group in February 2009.
The business and technology consultancy is buying Eon Enterprises, which owns a Cognos and IBM business partner, for £130,000 in cash and £455,000 in shares at 15.75p each. The business concentrates on business intelligence and planning services. Avisen could supply its services to the customer base it is acquiring.
At the end of February Avisen bought the business and assets of strategy and performance management consultancy Wexner Global. Avisen paid £120,000 in shares valued at 13.5p each.
At 17.5p a share, up 1.5p on the day, Avisen is valued at £19.5m.
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