SPAR Group Announces Closing of South Africa Joint Venture Sale
SPAR Group Announces Closing of South Africa Joint Venture Sale
Completion of Sale to Minority Shareholder ~$10M Simplifies Operating Structure
完成向少數股東出售約1000萬美元簡化了運營結構
AUBURN HILLS, Mich., May 02, 2024 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) ("SPAR," "SPAR Group," or the "Company"), a provider of merchandising, marketing, and distribution services, announces the closing of the sale of its majority share in South Africa's Meridian Group to the minority shareholder Lindicom for approximately $10 million USD.
密歇根州奧本希爾斯,2024年5月2日(環球新聞專線)——銷售、營銷和分銷服務提供商SPAR集團公司(納斯達克股票代碼:SGRP)(“SPAR”、“SPAR集團” 或 “公司”)宣佈以約1000萬美元的價格完成向少數股東林迪康出售其在南非子午線集團的多數股權。
"The closing of the South Africa sale is a critical step toward the completion of an initiative to create long-term value for shareholders by simplifying SPAR Group's operating structure and bringing in cash for further growth. Specifically, it uses our brand equity and capital on a strategy to maximize opportunities in the market and return on investment," said Mike Matacunas, SPAR Group CEO.
“完成對南非的出售是朝着完成一項計劃邁出的關鍵一步,該計劃旨在通過簡化SPAR集團的運營結構和爲進一步增長帶來現金來爲股東創造長期價值。具體而言,它將我們的品牌資產和資本用於一項戰略,以最大限度地提高市場機會和投資回報率。” SPAR集團首席執行官邁克·馬塔庫納斯說。
As part of the agreement, Meridian Group has also entered into software as a service (SAAS) agreement with SPAR Group to continue the use of SPAR's technology.
作爲協議的一部分,子午線集團還與SPAR集團簽訂了軟件即服務(SAAS)協議,以繼續使用SPAR的技術。
About SPAR Group, Inc.
關於SPAR集團有限公司
SPAR Group is an innovative services company offering comprehensive merchandising, marketing and distribution solutions to retailers and brands. We provide the resources and analytics that improve brand experiences and transform retail spaces. We offer a unique combination of scale and flexibility with a passion for client results that separates us from the competition. For more information, please visit the SPAR Group's website at
SPAR集團是一家創新服務公司,爲零售商和品牌提供全面的銷售、營銷和分銷解決方案。我們提供資源和分析,以改善品牌體驗和改造零售空間。我們提供規模和靈活性的獨特組合,並對客戶結果充滿熱情,使我們在競爭中脫穎而出。欲了解更多信息,請訪問SPAR集團的網站
Media Contact: Ronald Margulis RAM Communications 908-272-3930 ron@rampr.com |
Investor Relations Contact: Sandy Martin Three Part Advisors 214-616-2207 smartin@threepa.com |
媒體聯繫人: 羅納德·馬古利斯 RAM 通信 908-272-3930 ron@rampr.com |
投資者關係聯繫人: 桑迪·馬丁 由三部分組成的顧問 214-616-2207 smartin@threepa.com |
譯文內容由第三人軟體翻譯。