Relatech: the growth strategy continues with the M&A of 53.50% of Xonne Srl, Leading innovative SME for augmented and virtual reality solutions

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Relatech S.p.A., Digital Enabler Solution Knowledge (D.E.S.K.) Company, qualified as innovative SME and listed on the AIM Italia market (Ticker: RLT) since June 2019, announces that, on July 20, 2020, has signed the closing of the acquisition of 53.50% of the share capital of Xonne S.r.l., an innovative SME specialized in virtual, augmented and mixed (or digital) reality solutions. In details, payment of 26.50% in Relatech Shares, evaluated at Euro 7.85 each, on share price on July 17th 2020, and 27% by share capital increase through cash payment from Relatech.

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