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Green Landscaping Group Expands into Lithuania with UAB Economus Acquisition

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Green Landscaping Group Expands into Lithuania with UAB Economus Acquisition

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Green Landscaping Group AB ( (SE:GREEN) ) has shared an update.

Green Landscaping Group AB has announced its expansion into Lithuania through the acquisition of UAB Economus, a company known for its high-quality children’s playgrounds and outdoor gym installations. This acquisition, financed with cash, is expected to enhance Green Landscaping’s presence in Eastern Europe, leveraging Economus’s strong reputation and expertise in the industry. The transaction is anticipated to close in the fourth quarter of 2025, subject to approvals.

The most recent analyst rating on (SE:GREEN) stock is a Hold with a SEK45.00 price target. To see the full list of analyst forecasts on Green Landscaping Group AB stock, see the SE:GREEN Stock Forecast page.

More about Green Landscaping Group AB

Green Landscaping Group AB is a multinational company specializing in ground maintenance, green space management, and landscaping. It operates with a spirit of entrepreneurship by acquiring successful companies known for their skilled trade, strong local ties, and sustainable profitability. The group employs approximately 3,000 people and reported net sales of SEK 6.4 billion in 2024. Its shares are listed on Nasdaq Stockholm under the ticker GREEN.

Average Trading Volume: 86,947

Technical Sentiment Signal: Sell

Current Market Cap: SEK2.57B

For an in-depth examination of GREEN stock, go to TipRanks’ Overview page.

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