20 September 2023 - acquisition
The AIM-listed supplier of information systems and other technical services to transport operators and local authorities has expanded its activities with the purchase of MultiQ Denmark A/S for €2.5m. The latter provides intelligent transport systems to customers in Denmark, Sweden and Iceland. The purchase will strengthen Journeo's exposure to the region as it already has a presence in Stockholm and the acquisition will provide cross-selling opportunities for the group's other products. This looks a good acquisition for the group and it should be a contributor to profits immediately. Although shares . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.
