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UG Healthcare Bolsters European Footprint

UG Healthcare Bolsters European Footprint

UG Healthcare Corp. Ltd. (SG:8K7) has released an update.

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UG Healthcare Corp. Ltd. has recently completed strategic acquisitions in Germany and Spain, aiming to strengthen its European market presence and leverage local logistics to enhance its distribution network. The company has secured full ownership of Unigloves Germany and formed a joint venture in Spain, acquiring a 50% stake in UG NITREX. These moves are set to immediately contribute to earnings and reinforce the company’s portfolio with over a hundred SKUs of reusable gloves.

For further insights into SG:8K7 stock, check out TipRanks’ Stock Analysis page.

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