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ME Group terminates discussions with potential acquirers Acquisitions News 

ME Group terminates discussions with potential acquirers

GaryPageau ,
France-based ME Group (formerly Photo-Me International), announced, following the announcement in June that it would evaluate potential acquisition offers, that the board has chosen to pass on the bids. “Following engagement with several interested parties, the board of directors confirms that it has not received an offer that it believes would be in the best interests of all the company’s... Read More
ME Group evaluating options, including suitor bids News 

ME Group evaluating options, including suitor bids

GaryPageau
U.K.-based vending machine operator ME Group International PLC said it is evaluating various strategic options, including seeking potential suitors for the company, according to Alliance News. As yet, however, there are not any offers for the company. Shares in ME Group, formerly Photo-Me International PLC, rose 6.4% to 224.50 pence each in London on Wednesday for a market value of... Read More
ME Group International reports flat sales but profits up in half-year report Earnings reports News 

ME Group International reports flat sales but profits up in half-year report

GaryPageau
ME Group International plc, the instant-service equipment group, reported, for the six months ending April 30, group pre-tax profit was up approximately 14% (up approximately 17% at constant currency) and Group revenue up approximately 2% (up approximately 4% at constant currencyg), driven by the strong continued performance in our laundry business. Excluding the H1 2024 contribution from SEMPA SAS, which... Read More