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Electrolux Professional AB ( ($SE:EPRO.B) ) just unveiled an update.
Electrolux Professional Group has completed the acquisition of the assets of Royal Range, a U.S.-based commercial cooking company, strengthening its presence in the professional kitchen equipment market. By taking ownership of all Royal Range assets, the group expands its product offering and footprint in the important U.S. commercial cooking segment, although financial details of the transaction were not disclosed.
The most recent analyst rating on ($SE:EPRO.B) stock is a Hold with a SEK70.00 price target. To see the full list of analyst forecasts on Electrolux Professional AB stock, see the SE:EPRO.B Stock Forecast page.
More about Electrolux Professional AB
Electrolux Professional Group is a global provider of professional food service, beverage, and laundry solutions, positioning itself as a sustainability leader in its industry. With products and services sold in over 110 countries, the company reported 2024 sales of SEK 12.5 billion and employs around 4,300 people, with its B-shares listed on Nasdaq Stockholm.
Average Trading Volume: 272,054
Technical Sentiment Signal: Hold
Current Market Cap: SEK17.99B
For detailed information about EPRO.B stock, go to TipRanks’ Stock Analysis page.