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CentralNic Group hails Codewise acquisition as 'significant transaction'

CentralNic Group PLC (LON:CNIC) Ben Crawford talks to Proactive London about the acquisition of Zeropark and Voluum, collectively known as Codewise.

The internet domain name specialist said the total consideration for the purchase is US$36m and is expected to be more than 20% earnings for the company.

Crawford explains the potential for this deal in regards to its monetisation business as well as having the potential to generate revenue synergies through cross-selling with its other businesses.

Quick facts: Centralnic Group PLC

Price: 81.8 GBX

LSE:CNIC
Market: LSE
Market Cap: £191.2 m
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CentralNic report a 'record year' after four acquisitions in the second half...

CentralNic Group PLC's (LON:CNIC) Ben Crawford talks to Proactive London about their latest set of results with revenues and underlying profits soaring in 2020 helped by organic growth combined with acquisitions. Crawford highlights the four acquisitions in the second half of 2019 and one in...

2 days, 6 hours ago

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