Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
IT company Cegal acquires consulting firm Avito Consulting
December 19, 2018

Cegal, a company focusing on IT solutions for the oil and gas industry, has acquired Avito Consulting, a strategic consulting company focusing on the energy industry. Avito’s experience is expected to be beneficial for Cegal’s energy operations. Avito Consulting reported a turnover of NOK 26m and EBITDA of 2.9m in 2017. The deal value is undisclosed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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