Surrey-based ME Group included in FTSE 250 Index

Published by

Tom Kilkelly

Credit: ME Group

Surrey-based instant-service vending equipment operators and sellers ME Group has been included as a constituent of the FTSE 250 Index.

The company has not only announced the listing today but also that their place in the FTSE 250 Index was ''officially'' in effect from the start of the day of trading June 19.

ME Group was listed on the London Stock Exchange in 1962 and provided photobooth and photo ID services for official documentation such as passports and driving licences. ME Group now offers instant-vending equipment and services across four business areas: photo services, laundry services, printing kiosks, and food vending services.

CEO & Deputy Chairman of ME Group Serge Crasnianski said: "ME Group's return to the FTSE 250 Index is a momentous corporate milestone. It vindicates the journey that we have been on to develop the Group through technological innovation aimed at expanding and diversifying our operations. This allows us to bring evermore cutting-edge automated self-service solutions to consumers, giving our customers an improved experience consistent with our concept of 'Making Easy'."

Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022. During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan). His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.