Redeye initiates coverage of Strax

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We initiate coverage of Strax – one of Europe’s largest specialized distributors in mobile accessories. Strax combines its distribution platform with own brands, which is a unique strategy that provides Strax’s own brands immediate exposure to a vast distribution network of 40 000 points of sales. We argue that the market overlooks the strength of the business model and Strax’s track record in growing its own brands.

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This is a press release from Redeye - Research Powered Investment Banking.