07:04 AM EST, 11/11/2026 (MT Newswires) -- Mexedia (ALMEX.PA) began early work to scout new companies to add to its group as part of its perimeter expansion plans. The move follows the completion of the first 1 million-euro tranche of a capital raise set aside for Swiss investment company Likan AG, according to a Wednesday release. The Italian technology and services group will use the proceeds to fund acquisitions, support subsidiaries, and strengthen its capital base. Mexedia said it will prioritize companies with technology and service capabilities that align with its operations, while assessing their recurring revenue, profitability, and other criteria.

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