Farmacosmo S.P.A. (IT:COSMO) has released an update.
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Farmacosmo S.P.A. is set to acquire the remaining 49% stake in FRCM1 S.r.l., the owner of the FarmaWoW e-commerce portal, from Laboratorio Farmaceutico Erfo for 151,900 euros. This move is part of Farmacosmo’s strategy to enhance the portal’s presence in the Pharma & Beauty sectors, leveraging economies of scale achieved across its other platforms. The acquisition aligns with Farmacosmo’s commitment to expanding its digital health portfolio, focusing on innovative logistics and customer engagement.
For further insights into IT:COSMO stock, check out TipRanks’ Stock Analysis page.