QnR Group has finalized an agreement to acquire a 51% stake in MTIS S.A., reflecting its ongoing strategy of targeted investments in high-value technologies. This move is part of a broader trend towards enhancing technological capabilities, particularly in sectors like Artificial Intelligence, Cybersecurity, and enterprise resource planning through SAP Business One, in which QnR has already made significant strides.

The acquisition comes on the heels of QnR's successful growth trajectory, both in Greece and internationally, marked by the completion of three strategic acquisitions across the aforementioned technology sectors. Moreover, QnR recently achieved a notable 118% oversubscription in a capital increase, further strengthening its financial and investment foundation. This influx of capital will likely support the integration of MTIS S.A. and bolster QnR's competitive position in the tech industry.

The total transaction value is set at 2,663,958 euros, which will be paid in two equal installments. The first payment will be made upon signing the agreement, while the second is anticipated in 2027, contingent upon the publication of MTIS S.A.'s financial results. This strategic acquisition not only underscores QnR's commitment to expanding its technological footprint but also signifies a growing trend of consolidation in the tech sector, which could reshape competitive dynamics in the industry.