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Pinewood Technologies ( (GB:PINE) ) has shared an announcement.
Pinewood Technologies Group PLC has announced the acquisition of key assets from the Motify Group’s Pinewood South Africa Business for £2.5 million, expected to complete on August 1, 2025. This strategic move allows Pinewood.AI to enhance its control over sales and customer service in Southern Africa, aiming to drive growth in the region. The acquisition aligns with Pinewood.AI’s focus on expanding its operations in Southern Africa, Asia Pacific, and Northern & Central Europe, and is anticipated to add £0.5m to £0.7m in annual EBITDA. The transaction will also involve the transfer of employees to maintain high service levels, reflecting the company’s commitment to strengthening its presence and customer relationships in Southern Africa.
The most recent analyst rating on (GB:PINE) stock is a Buy with a £550.00 price target. To see the full list of analyst forecasts on Pinewood Technologies stock, see the GB:PINE Stock Forecast page.
Spark’s Take on GB:PINE Stock
According to Spark, TipRanks’ AI Analyst, GB:PINE is a Outperform.
Pinewood Technologies exhibits strong financial recovery and robust technical momentum. Strategic acquisitions and positive corporate actions further enhance growth prospects. The lack of valuation metrics is mitigated by positive analyst sentiment and strategic corporate developments. Continued operational improvements and market expansions are key strengths.
To see Spark’s full report on GB:PINE stock, click here.
More about Pinewood Technologies
Pinewood Technologies Group PLC, established in 1981, is a leading cloud-based full-service technology provider to automotive retailers and OEMs. The company offers a market-leading automotive intelligence platform developed in collaboration with dealers and OEMs, providing secure software solutions across sales, aftersales, accounting, and CRM. With headquarters in the UK and North America, Pinewood.AI serves a global user base in over 20 countries and maintains partnerships with more than 50 OEM brands.
Average Trading Volume: 282,946
Technical Sentiment Signal: Buy
Current Market Cap: £444M
See more insights into PINE stock on TipRanks’ Stock Analysis page.