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Gewiss Acquires Majority Stake in Beghelli, Plans Delisting

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Gewiss Acquires Majority Stake in Beghelli, Plans Delisting

Beghelli SPA ( (IT:BE) ) just unveiled an update.

Gewiss S.p.A. has acquired a controlling 75.04% stake in Beghelli S.p.A., prompting a mandatory public purchase offer for the remaining shares. This acquisition aims to delist Beghelli from Euronext Milan, with significant leadership changes following the purchase, potentially impacting Beghelli’s market dynamics and stakeholder interests.

More about Beghelli SPA

Founded in 1982, the Beghelli Group is a prominent player in the technical professional lighting industry, specializing in emergency lighting, photovoltaic systems, home automation, and security solutions. The company is known for its focus on technological innovation and product design, maintaining a strong market presence with operations in Europe, the Far East, and North America, and a commercial reach in over 140 countries.

YTD Price Performance: -1.60%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €65.94M

For a thorough assessment of BE stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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