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home / news releases / MDGS - Medigus +3.7% PM closes investments in Smart Repair Pro and Purex

MDGS - Medigus +3.7% PM closes investments in Smart Repair Pro and Purex

Medigus Ltd.
Medigus (MDGS) closes acquisition of controlling interest in Smart Repair Pro and Purex.Both are data-driven e-commerce companies operating on the Amazon Marketplace. With the closing of these transactions, the company now owns ~50.01% of the issued and outstanding share capital of each of the companies.Smart Repair Pro and Purex achieved together more than 214% with ~$2.2M growth in revenues in 2020 as compared to 2019.Additionally, Smart Repair Pro previously announced that it intends to launch a new brand and product line on the Amazon Marketplace.Press Release

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Medigus +3.7% PM, closes investments in Smart Repair Pro and Purex
Stock Information
Company Name: Medigus Ltd.
Stock Symbol: MDGS
Market: NASDAQ
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