The mergers and acquisitions firm ILUS International (OTCMKTS:ILUS) has made considerable progress this year so far and that has been reflected in the price action in its stock price in recent weeks as well.
Over the course of the past month, the stock has managed to clock gains of as much as 310% and considering the sheer magnitude of the gains it might be a good idea to take a closer look. One of the things to keep in mind is that ILUS has already been successful in completing as many as three acquisitions so far in 2021.
In addition to that, the company is working on a range of other acquisition in Europe and the United States. Earlier on in the month, the company provided an update with regards to an acquisition in Europe that it has been working on. John-Paul Backwell, who is a managing director at ILUS, noted that the company has been in talks with regards to an acquisition of a manufacturing facility in Europe for the past six months. However, the discussions are now at the final stages. It might be the right time for investors to start tracking the stock a bit more closely from this point on.
