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ILPRA SpA ( (IT:ILP) ) has issued an update.
ILPRA SpA has signed a binding agreement to acquire 90% of Gelmini S.r.l., a company specializing in machines for processing and packaging cheeses. This strategic acquisition is expected to create productive synergies between the two companies, enhancing ILPRA’s operations and market positioning. The acquisition involves a cash payment of 2.7 million euros and an earn-out of 1.35 million euros, with the closing anticipated by the end of July 2025.
The most recent analyst rating on (IT:ILP) stock is a Buy with a EUR8.00 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 an innovative SME in the packaging sector, producing a wide range of machines and technological solutions for packaging food, cosmetic, and medical products. Founded in 1955, ILPRA is a key player in the industry, known for its investment in R&D and its patented ProGas technology. The company operates globally, with a significant portion of its turnover generated abroad.
Average Trading Volume: 4,032
Technical Sentiment Signal: Strong Buy
Current Market Cap: €58.61M
For detailed information about ILP stock, go to TipRanks’ Stock Analysis page.