7digital completes acquisition of Snowite

7digital has completed the acquisition of French digital streaming music provider Snowite SAS, originally announced on January 6 2016. Snowite’s client list includes a number of major French retail chains and brands and the company comes to 7digital with a strong sales pipeline across French-speaking markets. The acquisition is expected to increase 7digital’s annual turnover by at least £1.2m through Snowite’s annualised monthly recurring revenues of approximately £864,000.

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