MotorK completes transfer of Italy, Spain digital marketing services to Underdogs Group

Reuters2026/07/17 06:09

By:Reuters

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MotorK completed the transfer of its digital marketing service operations in Italy and Spain to Underdogs Group.
Customer contracts, six employees, operational know-how moved under a business unit transfer agreement.
MotorK will license its AdSparK digital marketing platform to Underdogs under a separate service agreement.
The transferred unit generated EUR 8 million revenue in FY 2025, EUR 1.7 million in Q1 2026.
Consideration was not material; MotorK retains AdSparK technology revenues.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Motork plc published the original content used to generate this news brief on July 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MotorK completes transfer of Italy, Spain digital marketing services to Underdogs Group

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