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Indel B Expands into Turkey with New Distribution Company

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Indel B Expands into Turkey with New Distribution Company

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Indel B S.p.A. ( (IT:INDB) ) has shared an update.

Indel B S.p.A., through its controlled company Autoclima S.p.A., has established a new entity in Turkey named INDEL B ISITMA VE SOGUTMA SISTEMLERI LIMITED SIRKETI, to enhance its commercial distribution in the Turkish market. This strategic move aims to leverage the dynamic Turkish market, particularly in the automotive and special vehicles sectors, with the help of a local partner, to strengthen Indel B’s international presence and foster long-term commercial relationships.

The most recent analyst rating on (IT:INDB) stock is a Buy with a EUR28.60 price target. To see the full list of analyst forecasts on Indel B S.p.A. stock, see the IT:INDB Stock Forecast page.

More about Indel B S.p.A.

Indel B S.p.A. is a company listed on the EXM segment of the Italian Stock Exchange and is controlled by AMP.FIN S.r.l., owned by the Berloni family. The company leads a global group with 50 years of experience in the mobile refrigeration sector, catering to the automotive and leisure time industries, and the hospitality sector. Indel B is also involved in mobile air conditioning, focusing on commercial vehicles and specialized cooling appliances like wine storage and milk refrigerators. The company has a market capitalization of approximately 110 million Euros.

Average Trading Volume: 3,174

Technical Sentiment Signal: Sell

Current Market Cap: €107.6M

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

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