- Published: Monday, 05 October 2015 18:40
FIOFRO takeover of Danusnet Limited
Today it was announced that FIOFRO Limited, the international trading entity, have acquired the controlling assets and shares of Danusnet Limited, the acquired company is going to be restructured and absorbed into FIOFRO Limited as a part of our ongoing strategy for market acquisition and development.
A spokesman for FIOFRO Limited stated, "Danusnet Limited was the obviouse choice for our company to acquire so it made sense for us to acquire them to bring their skill sets and our knowledge together under our unifying brand, delivery qulaity solutions into the market place through our International Distributor channels.
The restructuring process is to take place between May and June 2015 to minimise any impact on their growing markets and should be completed by the end of July 2015, delivering one brand as FIOFRO Limited.
This is to date one of the companies most complex acquisition and takes FIOFRO Limited into the next stage of growth and development whilst the rest of the world worries about this so called global recession fall out.