March 15 (SeeNews) - Croatian electrical equipment manufacturer Koncar Elektroindustrija [ZSE:KOEI] said on Friday its unit Koncar - Digital signed an agreement to buy an indirect stake of 52% in local software company Adnet.
The transaction will be conducted through the acquisition of a majority stake in Adnet's owner, Kreanca Sustavi, Koncar - Digital said in a bourse filing.
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With this acquisition, Koncar - Digital broadens its product and service portfolio in network and computer equipment delivery, design, implementation, and engineering, along with associated application solutions for managing critical and urban infrastructure projects, it said.
Koncar's shares ended Friday's trading session on the Zagreb bourse 2.99% lower at 260 euro ($283.1).
($ = 0.918 euro)