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The latest announcement is out from Pozzi Milano S.P.A. ( (IT:POZ) ).
Pozzi Milano S.P.A. has acquired 90% of Venditio SAS, a master agent in the tableware and kitchenware sector in France, to consolidate its market presence and expand its distribution capabilities. This strategic acquisition is expected to enhance Pozzi Milano’s commercial operations in France, optimize its supply chain, and strengthen its competitiveness internationally by leveraging Venditio’s established expertise and network in the French market.
More about Pozzi Milano S.P.A.
Pozzi Milano S.P.A. is active in the table fashion sector and owns the ‘EasyLife’ brand. Through its subsidiary, Pozzi Brand Diffusion S.r.l., it also manages the ‘Pozzi’ and ‘Castello Pozzi’ brands, focusing on a licensing strategy. The company operates in the tableware and kitchenware industry, with a significant market presence in France, which contributes to about 20% of its revenues.
YTD Price Performance: 5.99%
Average Trading Volume: 28,823
Technical Sentiment Signal: Hold
For detailed information about POZ stock, go to TipRanks’ Stock Analysis page.