Sinch AB (publ): Sinch completes acquisition of TWW
Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH
Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, today announces that the acquisition of TWW do Brasil S.A. has been completed. Closing of the transaction follows the announcement on October 10, 2019, that Sinch had entered into a definitive agreement to acquire TWW.Founded in 1996, TWW is the 3rd largest mobile messaging provider for businesses in Brazil. The company serves more than 3,000 businesses, both large and small, including many of Brazil’s leading enterprises in the banking, retail and education sectors. Messaging volumes are continuously increasing and in 2018, TWW delivered 3.4 billion messages on behalf of its customers.“I am very pleased that we have now completed the acquisition of TWW which gives us local presence and strong customer relationships in the fifth most populous country in the world. We also strengthen our Global Tier 1 Connectivity Network, making us even better equipped to serve the many large, multi-national companies who look to Sinch for superior delivery quality and end-to-end connectivity without middlemen”, comments Oscar Werner, CEO of Sinch.The press release from October 10, and an accompanying slide deck, is available at investors.sinch.com.For further information, please contact