VivoPower International (VVPR) has released an update.
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VivoPower International PLC has successfully completed the divestment of its subsidiary Kenshaw Electrical to ARA Group Limited, aligning with its strategy to concentrate on its core high-growth businesses, such as Tembo. The sale, advised by STS Capital Partners, allows VivoPower to further its commitment to providing comprehensive decarbonization solutions and to progress towards net-zero carbon goals. VivoPower, a global sustainable energy solutions company, offers electric solutions for customised fleet applications and a range of related services.
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