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An update from Neodecortech SpA ( (IT:NDT) ) is now available.
Neodecortech S.p.A. has acquired Lamitex S.p.A., an Italian producer of innovative decorative laminates, for 8.38 million Euros. This acquisition aligns with Neodecortech’s strategic vision for growth and innovation, allowing it to expand its product range and enhance commercial penetration in the decorative surfaces market. The integration of Lamitex is expected to generate significant benefits for stakeholders through industrial and commercial synergies, while maintaining Lamitex as a separate legal entity within the group.
The most recent analyst rating on (IT:NDT) stock is a Buy with a EUR5.10 price target. To see the full list of analyst forecasts on Neodecortech SpA stock, see the IT:NDT Stock Forecast page.
More about Neodecortech SpA
Neodecortech S.p.A. is a leading European company in the production of decorative surfaces for melamine-faced panels and flooring, primarily used in the interior design sector. The company offers a comprehensive range of products, including decorative papers, prints, finish foils, melamine films, and laminates, focusing on technologically advanced solutions for interior design projects.
Average Trading Volume: 11,250
Technical Sentiment Signal: Buy
Current Market Cap: €45.75M
See more data about NDT stock on TipRanks’ Stock Analysis page.