SBW 2.27% 4.5¢ shekel brainweigh ltd

Well there you go...So we sell the Healthweigh division (not...

  1. 5,056 Posts.
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    Well there you go...

    So we sell the Healthweigh division (not complete scales division from what i can tell) but retain 30% of the sales (Isreal). I assume the tech in the scales products will continue to be sourced from SBW as well (?)

    In al honestly I'm pretty happy with this.

    Important thing to note - you wouldn't sell a money making asset (Healthweigh) to focus on a new product area (retail innovations) when you dont need the money - would make no sense.......unless.....
    This sale I think clearly shows how bullish they are on the retail innovation business and where they believe it is heading.
    These guys are not dud business people - very astute. They know what they're doing and know where RI is headed (whole reason i bought)
 
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