(AOF) – Osmozis announces the acquisition in the United Kingdom of Camping Connect, a company specializing in the provision of WiFi services, “profitable and with a customer base offering strong commercial synergies”. The specialist in the digital transition of campsites and holiday villages believes that this operation “strengthens its position among the European leaders in the digitalization of the campsite and holiday villages industry”. The amount of the acquisition of 100% of the shares of Camping Connect amounts to 2.2 million euros.
The acquisition price will be paid 70% in cash, thanks to the proceeds of the fundraising carried out in 2023, and 30% in self-held Osmozis shares, valued on the basis of a fixed price per share of 10. 25 euros.
The company deploys offers equivalent to Osmozis’ Wifi Sharing and Wifi Premium, on approximately 60,000 connected pitches spread over 360 customer sites across the United Kingdom, the second largest European market after France with 3,500 campsites. This acquisition will bring the total number of locations managed by Osmozis to approximately 400,000.
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