Greece's QnR buys 51% of Poland's E-XIM IT in deal worth up to €6.9M
What's the deal? Greece's QUALITY&RELIABILITY S.A.Dealroom has a profile for this one. Try Dealroom → (QnR) signed a share purchase agreement on July 7, 2026, to acquire a 51% majority stake in E-XIM ITDealroom has a profile for this one. Try Dealroom → S.A., a Warsaw-based technology company listed on Poland's NewConnect market. The total transaction value may reach up to €6,901,790.
Who's selling? The shares are being sold by E-XIM IT shareholders Grzegorz Matysiak, Marcin Chmiela, and Szymon Czubek, together with their related family foundations.
The terms: Payment will come in five instalments. The first two are fixed, while the rest depend on hitting specific financial targets. The agreement also includes an option to sell an additional stake of up to 31.62% in 2029, plus conditions tied to related contracts and formal legal steps.
Why now? The deal follows due diligence and negotiations that E-XIM IT flagged in earlier reports through 2025 and 2026. It caps a review process the company had disclosed to investors over several months.
What's the endgame? E-XIM IT builds around the ServiceNow platform. Marcin Chmiela, vice president of the management board, said joining QnR would "accelerate our growth in Poland and across Central and Eastern Europe," while creating "new possibilities around the ServiceNow platform for our clients, partners, and team."
What could go wrong? Part of the price is contingent on financial performance, so E-XIM IT's sellers may not realise the full €6.9 million. The deal also carries suspending conditions that must be met before it closes and settles.
The signal: The acquisition reflects a push to build cross-border European technology groups, with a Greek buyer expanding into Central and Eastern Europe. Chmiela framed the shared goal as building a "Next European Technology Powerhouse," pointing to consolidation among mid-sized tech firms across the region.
Read more: bankier.pl
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