Miss Grouphas announced that the company acquires Euronic OY. Euronic is founded in 2000 and established Finnish web hosting business with around 12,500 customers. Euronic offers shared web hosting, website builds, domain names, and security certificates. The company achieved revenues of €2.4m and EBITDA of €1.5m in FY2019. This deal is the first acquisition to be completed under Perwyn’s ownership and the tenth acquisition for Miss Group in the past two years.
Mattias Kaneteg, Miss Group founder and CEO, said,
“Euronic is an excellent business and we are looking forward to growing our customer base in Finland. This deal will accelerate our growth in this new market as part of our overall expansion plan. It’s fantastic to be welcoming Euronic to the Miss Group family and we look forward to working with our new colleagues.”