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An announcement from Europlasma SA ( (FR:ALEUP) ) is now available.
Europlasma has submitted a takeover offer for Fonderie de Bretagne, aiming to sustain and diversify its operations, particularly in the defense sector, while preserving over 80% of the workforce. This strategic move is expected to enhance Europlasma’s industrial positioning and address national sovereignty issues, with plans to ramp up production and improve energy efficiency at the site.
More about Europlasma SA
Europlasma, founded in 1992, is a French industrial group specializing in strategic sectors such as defense, environmental preservation through hazardous waste destruction, and decarbonization. The group operates in three main areas: industry, pollution control, and decarbonization, producing forged parts, offering solutions for asbestos and aluminum dross treatment, and creating alternative fuels from non-recyclable waste.
YTD Price Performance: -61.76%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €1.05M
Learn more about ALEUP stock on TipRanks’ Stock Analysis page.