Thermador Groupe (FR:THEP) has released an update.
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Thermador Groupe has entered into exclusive negotiations to acquire 100% of C2AI, a company specializing in fluid control and environmental measurement equipment, through the purchase of its parent company MMT. C2AI’s offerings complement Thermador’s existing product lines, and the acquisition aims to enhance Thermador’s presence in the industrial instrumentation market. The memorandum of understanding is expected to be signed by mid-2025.
For further insights into FR:THEP stock, check out TipRanks’ Stock Analysis page.
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