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Prodware SA Announces Details of Acquisition of Qurius Netherlands, QIPtree and Qurius Czech from Qurius NV


Thursday, 20 Dec 2012 02:00am EST 

Prodware SA announced that it has finalized the acquisition of Qurius Netherlands, QIPtree and Qurius Czech from Qurius NV, following the agreement signed on October 14, 2012. This final transaction involved the transfer of 139,480 Prodware SA shares to Qurius NV; the reinjection by Qurius NV into Qurius Netherlands of EUR 1 million in cash and the EUR 5 million of Prodware SA shares, and the transfer of EUR 8 million of Qurius NV debt to Prodware SA. Qurius has transferred ownership of Qurius Netherlands and QIPtree to Prodware SA, and the transfer of Qurius Czech should take place in the coming weeks. 

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