on GROUPE TERA (EPA:ALGTR)
TERA Group refocuses its activities on real-time air quality
Groupe TERA has announced the signing of a binding letter of intent to sell its chemical analysis laboratory business, representing 84% of its 2024 revenue, as of 2025. This decision marks a strategic refocusing on real-time air quality measurement.
This transaction will allow the group to focus its efforts on developing innovative air quality sensors and expanding its digital offering. The funds from the sale will be used in part for a €13 million public share buyback offer.
Pascal Kaluzny, CEO, stressed that this development would facilitate the acceleration of the group's technology activities while providing increased liquidity to loyal investors.
R. H.
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