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ME Group International ( (GB:MEGP) ) just unveiled an announcement.
ME Group International has extended its partnership with Morrisons Supermarket for five more years, enhancing their long-standing relationship. This extension involves installing at least 200 additional Revolution laundry machines at Morrisons locations, supporting ME Group’s growth in the laundry services sector. The move strengthens ME Group’s presence in high-footfall areas and aligns with Morrisons’ strategy to provide more convenient services to their customers.
More about ME Group International
ME Group International plc is an instant-service equipment company that operates, sells, and services a wide range of vending equipment aimed at the consumer market. The company operates in 18 countries, focusing on photobooths, unattended laundry services, digital printing kiosks, and food service vending equipment. ME Group owns and maintains most of its equipment, which is located in high-traffic areas such as supermarkets and shopping malls.
YTD Price Performance: -1.71%
Average Trading Volume: 394,434
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £759.3M
See more insights into MEGP stock on TipRanks’ Stock Analysis page.
