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Precia Molen Expands with Phoenix Acquisition

Precia Molen Expands with Phoenix Acquisition

Precia SA (FR:ALPM) has released an update.

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Precia Molen Group has acquired a 90% stake in UK-based Phoenix, enhancing its service operations in Europe, particularly in the cement and quarry industries. This strategic acquisition aligns with Precia’s goal to expand its presence in the industrial weighing sector, with Phoenix continuing operations under the leadership of founder Patrick Hill.

For further insights into FR:ALPM stock, check out TipRanks’ Stock Analysis page.

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