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Beghelli Announces Board Reshuffle Amid Gewiss Acquisition

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Beghelli Announces Board Reshuffle Amid Gewiss Acquisition

Beghelli SPA ( (IT:BE) ) has provided an update.

Beghelli S.p.A. announced the resignation of four directors and the appointment of four new non-independent directors following an acquisition by Gewiss S.p.A., which will take effect on February 13, 2025. This strategic move includes the appointment of a new Chairman and CEO, reflecting a significant restructuring in the company’s leadership as Gewiss plans to promote a mandatory public purchase offer for the remaining shares, potentially impacting Beghelli’s market strategy and stakeholder interests.

More about Beghelli SPA

Founded in 1982, the Beghelli Group specializes in designing, producing, and distributing professional technical lighting equipment and photovoltaic systems. The company is a leader in the emergency lighting sector and also develops home automation and security systems. Known for its technological innovation, Beghelli is listed on the Milan Stock Exchange and operates globally with a commercial presence in over 140 countries.

YTD Price Performance: -1.60%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €66.14M

For an in-depth examination of BE stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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