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Bergman & Beving AB Class B ( ($SE:BERG.B) ) has issued an update.
Bergman & Beving’s subsidiary, Cresto Group, has acquired Donut Safety Systems, a company specializing in certified escape solutions for the offshore industry. This acquisition is expected to enhance Cresto Group’s market position in the safety at heights niche and have a marginally positive impact on Bergman & Beving’s earnings per share for the current financial year.
More about Bergman & Beving AB Class B
Bergman & Beving, established in 1906, is a Swedish publicly listed group that focuses on acquiring and developing leading companies with a long-term ownership perspective. The group operates through autonomous companies that provide value-added solutions in industrial and construction sectors, employing a decentralized management model. Bergman & Beving is listed on Nasdaq Stockholm, with approximately 1,400 employees and a turnover of around SEK 5 billion, encompassing about 35 companies in over 25 countries.
Average Trading Volume: 27,730
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK8.35B
Find detailed analytics on BERG.B stock on TipRanks’ Stock Analysis page.