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Roebuck Food Group PLC ( (GB:RFG) ) just unveiled an update.
Roebuck Food Group PLC has undergone a strategic transformation, marked by the divestment of non-core subsidiaries and the acquisition of companies aligned with its new focus on sustainable agriculture technologies. The company has invested in Moorhead & McGavin, GlasPort Bio, and Glasport Rumen Tech, aiming to leverage these acquisitions to become a leader in methane reduction technologies in the dairy and meat supply chain. The strategic reset is expected to position Roebuck for significant growth opportunities, despite a challenging market environment, and the company has completed an equity raise to support these initiatives.
More about Roebuck Food Group PLC
Roebuck Food Group PLC operates in the agrifoodtech industry, focusing on sustainable agriculture and food supply. The company specializes in technologies for animal-manure treatment and animal-nutrition treatment with significant global market potential, as well as sourcing and supply-chain management of plant-based ingredients for the UK and Ireland’s manufacturing and food-service sectors.
YTD Price Performance: -0.60%
Average Trading Volume: 88,135
Technical Sentiment Signal: Sell
Current Market Cap: £16.69M
For a thorough assessment of RFG stock, go to TipRanks’ Stock Analysis page.