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An announcement from Gefran SPA ( (IT:GE) ) is now available.
Gefran S.p.A. has invested 4 million euros to acquire a 22% stake in 40Factory S.r.l., a tech scale-up specializing in Industrial IoT and Generative AI. This strategic move enhances Gefran’s capabilities in data processing and aligns with its growth strategy to further support digital and sustainable transformations in industrial production processes, solidifying its position as a key player in industrial automation.
More about Gefran SPA
Gefran S.p.A. is a company specializing in the design and production of sensors, components, and solutions for automation and control of industrial processes. It operates across main international markets with a focus on industrial sectors including plastic processing, food and pharmaceuticals, and more. Listed on the Italian Stock Exchange, Gefran emphasizes innovation and quality, providing integrated systems for various applications.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €131.4M
See more data about GE stock on TipRanks’ Stock Analysis page.