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MIPS AB ( (SE:MIPS) ) has issued an announcement.
Mips AB has announced the acquisition of Koroyd, a Monaco-based pioneer in advanced impact protection technology, for EUR 40 million. This strategic acquisition aims to strengthen Mips’ market position in helmet safety and expand into adjacent product areas, leveraging synergies in product development and marketing. The transaction is expected to positively impact Mips’ financial performance and is set to be completed by December 2025.
The most recent analyst rating on (SE:MIPS) stock is a Hold with a SEK331.00 price target. To see the full list of analyst forecasts on MIPS AB stock, see the SE:MIPS Stock Forecast page.
More about MIPS AB
Mips AB is a leading company in the helmet-based safety industry, recognized for its innovative technology that enhances head protection. The company focuses on developing products that improve safety for consumers and professionals across various sectors.
Average Trading Volume: 47,152
Technical Sentiment Signal: Sell
Current Market Cap: SEK8.21B
See more data about MIPS stock on TipRanks’ Stock Analysis page.