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HERA S.p.A. ( (IT:HER) ) has shared an announcement.
Herambiente S.p.A., a subsidiary of Hera Group, has completed its acquisition of Aliplast S.p.A., securing full ownership by purchasing the remaining 20% stake from Rogroup S.r.l. This acquisition finalizes a process that began in 2017, and it positions Hera Group as a significant player in the recycled plastic market, with Aliplast achieving a turnover of 150 million euros in 2024. The acquisition supports Hera’s strategic growth in the recycled plastic sector, particularly in the high-end market segments like food and health & beauty, and includes ongoing investments in innovative recovery plants and production expansions.
The most recent analyst rating on (IT:HER) stock is a Buy with a EUR3.90 price target. To see the full list of analyst forecasts on HERA S.p.A. stock, see the IT:HER Stock Forecast page.
More about HERA S.p.A.
Hera Group operates in the waste management and recycling industry, with a focus on plastic regeneration. Its subsidiary, Herambiente S.p.A., has been integrating Aliplast S.p.A., a European leader in recycled plastic, to enhance its market presence in the recycled plastic sector.
Average Trading Volume: 3,322,389
Technical Sentiment Signal: Buy
Current Market Cap: €5.98B
Find detailed analytics on HER stock on TipRanks’ Stock Analysis page.