Acquisitions10 Nov 2025, 10:38 pm
Indegene Ltd's Subsidiary to Acquire Cake Group for Up to EUR 8.5 Million
AI Summary
Indegene Ltd's wholly owned subsidiary, Indegene Ireland Limited, has signed a Share Purchase Agreement to acquire 100% equity shares in Cake Kommunikations Holding GmbH and 30% in Cake Kommunikations GmbH (AT) for an amount not exceeding EUR 8.5 Million. Cake Group is a healthcare marketing and communications agency operating across Austria, Germany, and Switzerland with approximately 25 employees. The company reported EUR 3.78 Million of revenue in FY 2024.
Key Highlights
- Indegene's subsidiary to acquire Cake Group for up to EUR 8.5 Million
- Cake Group is a healthcare marketing and communications agency
- Operates in Austria, Germany, and Switzerland with approximately 25 employees
- Reported EUR 3.78 Million of revenue in FY 2024
- Expected to complete in January 2026