New strategic direction
The TechnoFirst Company has finalised its new 2015 strategic plan, under the guidance of Christian Carme and Stéphane Brosia (Development Director).
This approach, designed to ensure the company’s proactive and sustainable development, made it possible to redefine its business model, based on its historic expertise.
In addition to organic development, which provides a solid and recurring foundation for business, the company has decided to focus its new strategic direction on the search for external growth targeted by business line. This overhaul of TechnoFirst’s model should help them expand their ranges, reach new customer profiles and reinforce their teams.
In keeping with the plan, the company has just signed a memorandum of understanding for the acquisition of an initial target.
To finance this development boost, and in accordance with the authorisation granted by the General Meeting of Shareholders of 4 June 2013, the TechnoFirst Company increased its share capital by €2.4 Million (at the price of €3.50) by raising funds from qualified investors, under the TEPA Act.
In accordance with the company’s commitments, the resumption of trading of TechnoFirst securities (FR0010006429) was required from Nyse Euronext with immediate effect.