(Boursier.com) — Yesterday, the title Largo benefited (+4.83%) from the acquisition of a key player in smartphone reconditioning in France, Recommerce, by United.b (Boulanger, Electro Dépôt, HiFi International).
This bodes well for the group, which this morning announced the launch of a new offer to support affinity insurers in the management of their mobile claims. A first partnership has already been set up with the Société Française de Garantie, for whom Largo has carried out 3,000 interventions to date on Smartphones, with the provision of an exchange product as soon as necessary.
At the same time, several discussions are underway with other major insurance players, seduced by the possibility of being able to supply their customers with fully refurbished telephones in France with rigorous selection of devices and quality control over the entire the value chain.
Through the launch of this offer, Largo wishes to partner with insurance professionals (insurance companies and brokers) to support them in claims management 4.0. The Nantes-based company will support them in the recovery and repair of damaged telephones, as well as their replacement in the event of theft or irreparability…
“This new line of development seems promising to us and should not require any major investment on the part of the group” comments Portzamparc, which is aiming for a price of 14.70 euros by remaining on the buy side of the file.
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