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Baloise Holding AG ( (CH:BALN) ) has issued an announcement.
Innoguer GmbH, a company founded in 2013 in Münchenbuchsee, Switzerland, has been recognized for its innovative Loop Golf Ball, a biodegradable and high-performance golf ball. This product aims to address the environmental impact of lost golf balls, which contribute significantly to plastic waste. The company plans to bring the product to market by 2027, with support from Innosuisse, the University of Applied Sciences Northwestern Switzerland, and other partners. The Loop Golf Ball is expected to appeal to golf clubs and environmentally conscious golfers, with a phased market launch starting in Switzerland and expanding to Europe and North America. Innoguer GmbH’s recognition with the InnoPrix SO! award underscores its potential to align regional innovation with global sustainability goals.
The most recent analyst rating on (CH:BALN) stock is a Hold with a CHF217.00 price target. To see the full list of analyst forecasts on Baloise Holding AG stock, see the CH:BALN Stock Forecast page.
More about Baloise Holding AG
Average Trading Volume: 62,032
Technical Sentiment Signal: Buy
Current Market Cap: CHF9.32B
See more data about BALN stock on TipRanks’ Stock Analysis page.