ME Group International Streamlines Portfolio

ME Group International (GB:MEGP) has released an update.

ME Group International PLC has sold its subsidiary SEMPA SAS to Food Machine Invest for €4.6 million, focusing on its core automated-vending machine business. The proceeds from the sale will be reinvested to bolster the growth of its photobooth and laundry operations, which have shown strong performance in the fiscal year 2023. ME Group continues to operate 441 orange juice vending machines in Japan and emphasizes modernization and digital innovation as part of its long-term strategy.

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