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Talenom Buys Spanish Accounting Firm
Friday 12 August 2022

Finnish payroll services company Talenom plc (HEL: TNOM) has agreed to acquire the entire share capital a Spanish accounting firm Gestoria Teruel SL, the company said.

The acquired business will be transferred to Talenom on 5 September 2022.

The net sales transferred to Talenom from the acquired business is some EUR 1m annually. In the short term, the acquisition will not have any significant impact on Talenom's financial position or future outlook.

Talenom said the acquisition strengthens its position among SMEs in the Barcelona region. The company employs a total of 13 persons who will continue to work for Talenom.

Talenom combines software development with expertise in the accounting industry in a unique way. The aim of the company is to grow both organically and through acquisitions in Finland and in Europe.

Talenom is an accounting firm established in 1972.

In 2021, Talenom had an average of 1,012 employees in Finland, Sweden and Spain at a total of 52 locations.
Details
Date Published: 12/08/2022

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