The initial acquisition price of around EUR 18.2 million was paid on the closing date, the same source indicates.
With the acquisition, the Certipost document exchange organization is set to be integrated within the Basware global organisation. The other activities of Certipost related to digital certificates and the Belgian electronic identity card are set to remain within the bpost company.
Baswares e-invoicing services include the transaction of e-invoices, data recognition services for scanned invoices, a printing service, supplier portal as well as supplier and customer activation. The service sends invoices in electronic format from the invoicing solution, transfers the documents to the desired format and transmits them to the buyers invoice processing solution or printing service.
Basware first announced that it was set to acquire the network and e-invoicing business of Certipost in October 2012.
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