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An announcement from Inwido AB ( (SE:INWI) ) is now available.
Inwido AB has announced the acquisition of RM Snickerier, a Swedish leader in the premium window and door segment, known for its ‘allmoge’ style products. This acquisition, which includes 85% of RM Snickerier’s shares with an option for the remaining 15% by 2030, is set to broaden Inwido’s portfolio in Sweden and enhance synergies in purchasing and sales. RM Snickerier, with its strong brand and profitable growth history, will operate as an independent business unit within Inwido’s Scandinavia area, maintaining its CEO Mikael Carlsson as a minority owner. This strategic move is expected to strengthen Inwido’s market position in Sweden, particularly in Stockholm, Gothenburg, and Skåne, and aligns with its long-term growth vision.
The most recent analyst rating on (SE:INWI) stock is a Hold with a SEK192.00 price target. To see the full list of analyst forecasts on Inwido AB stock, see the SE:INWI Stock Forecast page.
More about Inwido AB
Inwido AB is Europe’s leading window group, specializing in developing and selling customized window and door solutions. The company operates through a decentralized structure, focusing on the consumer-driven market to achieve sustainable growth both organically and through acquisitions. Inwido comprises 35 business units with approximately 4,700 employees across twelve countries, and it has been listed on Nasdaq Stockholm since 2014.
YTD Price Performance: -2.25%
Average Trading Volume: 93,725
Technical Sentiment Signal: Buy
Current Market Cap: SEK10.25B
See more data about INWI stock on TipRanks’ Stock Analysis page.