SPAR Group Announces Closing of South Africa Joint Venture Sale
Completion of Sale to Minority Shareholder ~$10M Simplifies Operating StructureAUBURN 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. “The closing of the South Africa sale is a critical step toward t
Source: yahoo.com