Vianet has acquired the operations of Beverage Metrics Inc (BMI), a Denver based provider of inventory software solutions to the US hospitality sector. The initial consideration is £578k to be satisfied in shares issued at a 15% premium to the close, with additional deferred consideration dependent on performance. The combination of Vianet's SmartDraught draft beer management solution with BMI's inventory platform provides a comprehensive one stop drinks management solution and is also expected ....
15 May 2023
Vianet Group - Acquisition of Beverage Metrics Inc.
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Vianet Group - Acquisition of Beverage Metrics Inc.
Vianet Group plc (VNET:LON) | 101 0 0.0% | Mkt Cap: 29.7m
- Published:
15 May 2023 -
Author:
Colin Smith -
Pages:
4
Vianet has acquired the operations of Beverage Metrics Inc (BMI), a Denver based provider of inventory software solutions to the US hospitality sector. The initial consideration is £578k to be satisfied in shares issued at a 15% premium to the close, with additional deferred consideration dependent on performance. The combination of Vianet's SmartDraught draft beer management solution with BMI's inventory platform provides a comprehensive one stop drinks management solution and is also expected ....