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The latest announcement is out from ILPRA SpA ( (IT:ILP) ).
ILPRA SpA has completed the acquisition of 90% of Gelmini S.r.l., enhancing its market position in the packaging sector. The transaction, valued at 2.7 million euros with an additional earn-out contingent on performance, underscores ILPRA’s strategic expansion and commitment to innovation, potentially benefiting stakeholders through increased operational capabilities and market reach.
The most recent analyst rating on (IT:ILP) stock is a Buy with a EUR7.50 price target. To see the full list of analyst forecasts on ILPRA SpA stock, see the IT:ILP Stock Forecast page.
More about ILPRA SpA
ILPRA SpA is a prominent player in the packaging industry, specializing in the production and sale of machinery for packaging food, cosmetic, and medical products. Founded in 1955, the company offers a diverse range of machines and innovative technological solutions, with significant investments in R&D. It operates in nine countries and generates a substantial portion of its revenue internationally.
Average Trading Volume: 7,995
Technical Sentiment Signal: Buy
Current Market Cap: €64.25M
For detailed information about ILP stock, go to TipRanks’ Stock Analysis page.