Grupo Ezentis Expands into Comprehensive Installation Services with Strategic Acquisition

GRUPO EZENTIS S.A ( (ES:EZE) ) has shared an announcement.

Grupo Ezentis has acquired a 55% stake in Eda Instalaciones y Energía, S.L., marking its entry into the comprehensive installation and maintenance services market. This strategic acquisition, partially financed through a 5 million euro loan from Inveready, is part of Ezentis’ growth plan to expand its service offerings and enhance shareholder value. The company aims to increase its stake in EDA to 75% and expects to achieve billing volumes exceeding 30 million euros in 2025, with positive EBITDA, further strengthening its market position.

More about GRUPO EZENTIS S.A

Grupo Ezentis is a leading company specializing in technological solutions for engineering, installation, and maintenance of communication networks. The company is listed on the Madrid and Bilbao Stock Exchanges and has a strong presence across the national territory, with a reputation for excellence in its operational sectors.

YTD Price Performance: 42.22%

Average Trading Volume: 65,945

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €61.4M

For detailed information about EZE stock, go to TipRanks’ Stock Analysis page.