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PM&Partners and Armònia Acquire Majority Stake in BIA S.p.A.

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PM&Partners and Armònia Acquire Majority Stake in BIA S.p.A.

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BFF Bank SpA ( (IT:BFF) ) has provided an update.

PM&Partners and Armònia have acquired a majority stake in BIA S.p.A., a leading European cous cous producer, to accelerate its growth and strengthen its market position. The acquisition, supported by reinvestments from current shareholders, aims to enhance BIA’s development through strategic investments and expansion in high-value markets.

The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.00 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.

More about BFF Bank SpA

BFF Bank SpA is a leading private equity operator in Italy, known for its investments in medium-sized companies with high development potential. It has raised over 700 million euros across three funds and completed more than 40 operations. Armònia SGR is another prominent Italian private equity firm focused on supporting the organic growth of medium-sized companies. B.F. S.p.A. is a holding company listed on the Euronext in Milan, active in various sectors of the agro-industrial supply chain.

Average Trading Volume: 276,717

Technical Sentiment Signal: Buy

Current Market Cap: €1.97B

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

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