Share Merger Anntac and WWO
Amsterdam, March 2016. International ICT company AnnTac and Netherlands based WijWerkenOnline have joint forces by way of a share merger. Penrose has advised the companies on the share merger transaction.
AnnTac has developed specialized software for filing, archiving and searching complex administrations and digital backoffice systems. Amongst other, AnnTac is active in the legal and debt collection market as well as the oil and gas industry. It has offices in Europe and South East Asia. Dutch ICT specialist wijwerkenonline.nl (WWO) offers cloud-based work spaces in a highly secured environment. According to the management boards of Anntac and WWO, the companies joining forces through the share merger allows them to jointly approach a combined and fast growing market.
A team of Penrose lawyers, under the supervision of Lukas Witsenburg, has advised AnnTac and WWO on the share merger transaction.