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Somero Enterprises Appoints New Chairman to Drive Growth

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An update from Somero Enterprises Inc ( (GB:SOM) ) is now available.

Somero Enterprises Inc. has appointed Robert Scheuer as the new Non-Executive Chairman of the Board, effective April 16, 2025. Scheuer, who has been a part of the Somero Board since 2015, brings extensive strategic, financial, and operational experience from his previous roles at Dover Corporation. This leadership change is expected to drive the next phase of growth for Somero, leveraging Scheuer’s deep understanding of the business and industry to deliver long-term value for shareholders.

More about Somero Enterprises Inc

Somero Enterprises provides industry-leading concrete-levelling equipment, training, education, and support to customers in over 90 countries. The company’s technology enables the installation of high-quality horizontal concrete floors more efficiently and is used in various commercial construction projects globally. Somero maintains its market-leading position through innovation and a focus on customer support.

YTD Price Performance: -22.02%

Average Trading Volume: 197,430

Technical Sentiment Signal: Buy

Current Market Cap: £128.8M

Find detailed analytics on SOM stock on TipRanks’ Stock Analysis page.

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