LONDON - W.A.G payment solutions plc, commonly known as Eurowag, announced today the appointment of Joh. Berenberg, Gossler & Co KG (Berenberg) as its joint corporate broker. Berenberg will work in conjunction with Peel Hunt LLP, which has been serving as the Group’s corporate broker. This strategic move comes as Eurowag continues to solidify its presence in the pan-European Commercial Road Transport (CRT) industry.
The partnership with Berenberg is effective immediately and is expected to support Eurowag's ongoing efforts to provide integrated payments and mobility services. Eurowag, established in 1995, has been a key technology ally for Europe's CRT sector, focusing on facilitating a clean, fair, and efficient future for trucking companies. The company offers a comprehensive ecosystem that combines critical data, insights, and payment and financing transactions to streamline operations for its clients.
Eurowag's mission to assist trucking companies in transitioning to a low-carbon, digital future is underscored by its integrated platform that manages pre-journey, on-the-road, and post-delivery operations.
This announcement is based on a press release statement and does not constitute an endorsement of Eurowag or its services. The company's partnership with Berenberg aims to enhance its service offerings to the CRT industry across Europe. The details of the appointment were not disclosed in the press release.
Eurowag's choice of Berenberg as a joint corporate broker reflects the company's commitment to strategic growth and service enhancement in the European market. The collaboration between Berenberg and Peel Hunt LLP is anticipated to contribute to the company's future developments and client support initiatives.
Investors and industry watchers will likely monitor the impact of this new appointment on Eurowag's market position and its ability to compete in the evolving CRT industry landscape.
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