Beneteau (FR:BEN) has released an update.
Beneteau Group has received approval from the Competition Authority to sell its Habitat business to Trigano, strengthening its financial position and allowing the company to focus on its core boating business. This strategic move is expected to accelerate the growth of Beneteau’s boat division and enhance its technological transformation, particularly towards reducing CO2 emissions. The transaction is anticipated to be completed by the end of 2024.
For further insights into FR:BEN stock, check out TipRanks’ Stock Analysis page.
