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Grupo Ezentis Expands with EDA Acquisition

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Grupo Ezentis Expands with EDA Acquisition

Confident Investing Starts Here:

The latest announcement is out from GRUPO EZENTIS S.A ( (ES:EZE) ).

Grupo Ezentis, S.A. has acquired a 55% stake in EDA Instalaciones y Energía, S.L., with plans to increase its ownership to 75% over time. This strategic move, partially financed through a bridge loan, allows Ezentis to expand its service offerings in comprehensive installation and maintenance, enhancing its market position and commitment to sustainability.

More about GRUPO EZENTIS S.A

Grupo Ezentis, S.A. operates in the installation and maintenance services industry, focusing on projects across various sectors such as industrial installations, logistics centers, and comprehensive building maintenance, with a strong emphasis on energy efficiency and sustainability.

YTD Price Performance: 42.22%

Average Trading Volume: 65,945

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €61.4M

See more insights into EZE stock on TipRanks’ Stock Analysis page.

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