Sesa S.p.A. (IT:SES) has released an update.
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Sesa S.p.A. has expanded its presence in the German market by acquiring a 55% stake in SMART Engineering GmbH, a specialist in Computer-Aided Engineering software. This acquisition is part of Sesa’s strategy to enhance its digital engineering capabilities and support the digital transformation of engineering-focused businesses across Europe. With this integration, Sesa aims to generate significant revenues and further consolidate its position in the European digital technology sector.
For further insights into IT:SES stock, check out TipRanks’ Stock Analysis page.