Auto-Flow ApS becomes part of ECIT and an increase of share capital in ECIT AS. Company announcement No. 80

ECIT AS hereby announce that the Auto-Flow ApS, a Danish RPA consultancy company, has become a part of ECIT.

- The acquisition strengthens ECIT competence and customer deliveries within business process automation. We are pleased to welcome customers and employees of Auto[1]Flow to ECIT, says Peter Lauring, CEO in ECIT.

ECIT is acquiring 50.1 % of the shares in Auto-Flow, with an option to acquire all remaining shares in the company. The acquisition has been settled partly through cash, and partly by issuing new shares in ECIT AS.

About Auto-Flow ApS

Auto-Flow ApS, located in Aarhus, Denmark, provides support and automates business processes using RPA software. Auto-Flow ApS has a staff of 14 consultants and a revenue of 2.7 MDKK for the fiscal year ending 30.09.2021. Read more on

About ECIT

ECIT was founded in 2013 and supports a large customer base with Accounting, Payroll and a broad range of IT services and solutions. ECIT has a well-proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of being a larger international group. ECIT has a proforma revenue (2021) of 2.55 billion NOK and +2,200 employees across 10 countries. M&A has been a driver of the Company's growth and ECIT has completed more than 125 acquisitions since 2013.

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