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ROSSO (TPS): we diversify at sector and country level

MILANO (AIMnews.it) - During the IR TOP Retail Road Show in Turin, TPS CEO Alessandro Rosso illustrated the 2017 results, a year characterised by important M&A transactions. "With the proceeds of the IPO we have continued the growth path for the m & a launched in previous years by acquiring Stemar and ICB. The minority holdings have been reacquired to simplify the structure of the group. We are innovating and investing in IT support developed by our R and D department. In 2018 we are consolidating our presence in the sector, integrating the new acquisitions, launching innovative products in the aeromedical field, expanding the commercial presence in Europe, Turkey and USA and diversifying in the automotive market. We are evaluating some other dossier for further growth in external lines based on fundamentals and integration possibilities, as well as sharing group values".