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StrongPoint Expands into Portugal with Major Retail Partnership

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StrongPoint Expands into Portugal with Major Retail Partnership

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StrongPoint ASA ( (DE:PGT) ) just unveiled an announcement.

StrongPoint has announced that MC, one of Portugal’s largest grocery retailers and part of the Sonae Group, has adopted StrongPoint’s Order Picking solution for all its in-store picking of online grocery orders. This strategic move, set for implementation in the first half of 2026, marks a significant expansion for StrongPoint into the Portuguese market, showcasing the scalability and efficiency of its e-commerce solutions. The partnership is expected to enhance MC’s profitability in e-commerce operations and further establish StrongPoint’s presence outside its core markets.

More about StrongPoint ASA

StrongPoint is a grocery retail technology company that provides solutions to enhance shopping experiences and improve the efficiency of online grocery shopping. With around 500 employees across several countries, including Norway, Sweden, and the UK, StrongPoint offers a range of end-to-end e-commerce solutions such as in-store order picking, automated fulfillment, and various in-store technologies. The company is headquartered in Norway and is listed on the Oslo Stock Exchange.

YTD Price Performance: -4.93%

Average Trading Volume: 53,612

Current Market Cap: NOK473.7M

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

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