JV/AcquisitionAcquisition
Studds Accessories Limited has established a wholly-owned subsidiary, SMK Helmets Europe SRL, in Italy.
Studds Accessories LimitedSTUDDS · Filed with the exchange
This move signifies a strategic push for geographic expansion and strengthening their presence across Europe as part of a broader global growth strategy.
The subsidiary will handle import, export, wholesale, and retail distribution of helmets and related accessories, aligning with Studds' core business.
The deal involves a cash consideration of EUR 300,000 for a 100% stake.
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