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Circle S.p.A. Strengthens Logistics Digitalization through Strategic Acquisitions

Story Highlights
  • Circle S.p.A. enhances logistics digitalization with eXyond’s strategic acquisitions.
  • New business lines in infomobility and telematics boost Circle’s smart mobility offerings.
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Circle S.p.A. Strengthens Logistics Digitalization through Strategic Acquisitions

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An announcement from Circle SpA ( (IT:CIRC) ) is now available.

Circle S.p.A., through its subsidiary eXyond, has bolstered its position in the logistics digitalization and telematics sectors with strategic acquisitions from Telepass Innova and Circle Garage. These moves, part of the Connect 4 Agile Growth expansion plan, introduce new business lines focusing on infomobility and telematics, enhancing Circle’s smart mobility offerings and expanding its market presence in Europe. The acquisitions are expected to improve operational efficiency and create synergies within the Group’s existing solutions, marking significant growth opportunities.

More about Circle SpA

Circle S.p.A. is an innovative SME listed on the Euronext Growth Milan market, specializing in process analysis and the development of solutions for innovation and digitalization in the port and intermodal logistics sectors. The company also provides international consulting on Green Deal and energy transition issues.

YTD Price Performance: -8.42%

Average Trading Volume: 9,523

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €35.17M

See more insights into CIRC stock on TipRanks’ Stock Analysis page.

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