tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Haiki+ S.p.A. Expands Recycling Capabilities with Raee.Man Acquisition

Story Highlights
Haiki+ S.p.A. Expands Recycling Capabilities with Raee.Man Acquisition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Haiki+ S.P.A. ( (IT:HIK) ) has issued an update.

Haiki+ S.p.A. announced the acquisition by its subsidiary, Haiki Cobat S.p.A., of a 51% stake in Raee.Man S.r.l., a company specializing in the recycling of lithium batteries, alkaline batteries, and photovoltaic panels. This strategic acquisition, valued at a total of 2.79 million euros, strengthens Haiki’s position in the waste management industry, expanding its capabilities in recycling and recovery operations, and supporting its mission to lead in the circular economy sector.

More about Haiki+ S.P.A.

Haiki+ S.p.A. is a holding company listed on the Euronext Growth Milan market, operating in the Environment and Circular Economy sector. The company aims to be a leading player in Italy’s circular economy by enhancing waste categories through its treatment, recovery, and recycling plants, leveraging its network of experienced companies and technological innovation.

YTD Price Performance: -32.29%

Average Trading Volume: 365,606

See more data about HIK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1