The transaction, which has been executed on the basis of an enterprise value of E14.5 million, is in line with the UniCredit’s reorganization strategy of group IT operations following the merger with Capitalia and has been based on an industrial plan ensuring positive growth scenarios to the company and to its employees.
Therefore, UniCredit Group said that it continues to focus on its core business and on the reorganization of its IT activities, on the basis of a service model fully dedicated to its internal needs. UniCredit, which will continue to leverage on Communication Valley’s specialized services, has decided to maximize the return on its investment in the company, considering its excellent market positioning.
