Anite slims to ‘the core’

Monday, 04 Aug, 2004 0

Anite has agreed the sale of its Germany-based consultancy.

The company, Anite Space was sold for £7.5 million to Vega Group plc, a technology and consulting company with offices across Europe and the US.

Anite Space’s turn over was £4.9 million in the year to April 2004, and it achieved profits of £0.8 million. It employs 60 staff at its base in Darmstadt, Germany.

Anite chief executive, Steve Rowley said the sale was consistent with the Group’s intention to sell-off non-core businesses. Anite recently announced that it intends to focus on three core vertical markets – public sector, telecommunications and travel.

The sale is subject to approval from Vega’s shareholders, who will vote at an EGM on August 25. The sale is set for completion on September 2.

Report by Ginny McGrath



 

profileimage

Ginny McGrath



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...