Lime Technologies Deepens German Utility Push with New Deals and E.ON One Portal Acquisition

Lime Technologies AB ( (SE:LIME) ) just unveiled an announcement.

Lime Technologies AB is accelerating its expansion in Germany’s utility sector, securing several new customers such as Iqony Fernwärme and Stadtwerke Langenfeld while reinforcing its role as a provider of industry-specific CRM and digital customer-process solutions. As part of its long-term growth strategy, the company has acquired a portal solution from E.ON One that streamlines the complex power grid connection process for utility companies, gaining an established German customer base and enhancing its local presence; the portal will initially run as a stand-alone product before being integrated into Lime CRM, and although the deal is financed from existing cash and is not expected to materially affect short-term growth or profitability, it deepens Lime’s positioning in a growing vertical and supports its strategy of combining organic sales efforts with targeted acquisitions in the German market.

The most recent analyst rating on (SE:LIME) stock is a Hold with a SEK326.00 price target. To see the full list of analyst forecasts on Lime Technologies AB stock, see the SE:LIME Stock Forecast page.

More about Lime Technologies AB

Lime Technologies AB is a Nordic-founded customer relationship management (CRM) specialist that develops and sells digital products to help businesses improve customer care and manage customer relationships. Established in 1990, the company employs over 500 people and operates from offices across Europe, serving a broad customer base ranging from sole traders to large organisations, with a notable focus on the utility sector as a key vertical.

Average Trading Volume: 21,607

Technical Sentiment Signal: Sell

Current Market Cap: SEK3.6B

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