Nueva Expresion Textil, S.A. (ES:NXT) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Nueva Expresión Textil S.A., known as Nextil, has fully acquired Horizon Research Lab S.L., thereby gaining ownership of the eco-friendly ®Greendyes technology. This move aligns with Nextil’s strategic plan to bolster innovation and sustainability by offering a natural dyeing process that significantly reduces energy, water, and dye consumption. The acquisition aims to meet the rising market demand for environmentally responsible textile solutions.
For further insights into ES:NXT stock, check out TipRanks’ Stock Analysis page.