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An update from New Wave Group AB Class B ( ($SE:NEWA.B) ) is now available.
New Wave Group AB has completed its acquisition of Cotton Classics Handels GmbH, an Austrian promotional textile wholesaler, following approval from relevant competition authorities. This strategic acquisition, set to close on September 1, 2025, aims to enhance New Wave Group’s presence in Central and Eastern Europe, particularly within the promotional sales channel, and is expected to create significant value by integrating Cotton Classics into its Corporate segment.
The most recent analyst rating on ($SE:NEWA.B) stock is a Hold with a SEK112.00 price target. To see the full list of analyst forecasts on New Wave Group AB Class B stock, see the SE:NEWA.B Stock Forecast page.
More about New Wave Group AB Class B
New Wave Group is a growth-oriented company that designs, acquires, and develops brands and products across the corporate, sports & leisure, and gifts & home furnishings sectors. The group, headquartered in Gothenburg, Sweden, reported significant revenue in 2024 and is listed on Nasdaq Stockholm Large Cap.
Average Trading Volume: 246,791
Technical Sentiment Signal: Buy
Current Market Cap: SEK13.95B
See more insights into NEWA.B stock on TipRanks’ Stock Analysis page.