SG Company SpA (IT:SGC) has released an update.
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.
Trending Articles
- Meta Stock Updates: Threads to Showcase Ads and Antitrust Trial on Insta and WhatsApp
- ‘Don’t Bet on a Losing Horse,’ Says Top Investor About Lucid Stock
- Will Plug Power Stock Rebound to $5? Here’s What BTIG Expects
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
