SG Company SpA (IT:SGC) has released an update.
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SG Company SpA has announced that its subsidiary, FMA S.r.l., has acquired a 51% stake in a newly formed company, Concreta Promotion S.r.l., from Concreta Comunicazioni S.r.l. This strategic acquisition aims to enhance integration opportunities in the prize competitions sector, potentially increasing the combined turnover to over €1 million by the end of 2025. This move aligns with SG Company’s broader growth strategy in shopper marketing and brand activation.
For further insights into IT:SGC stock, check out TipRanks’ Stock Analysis page.
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