Multi Retail Group R&D Expenses

What does Multi Retail Group do? Multi Retail Group Ltd, listed on the Tel Aviv Stock Exchange under the ticker MRG.TA, operates in the Consumer Discretionary sector within the Retail industry. The company is headquartered in Rishon Lezion, Israel, and employs 1246 people. It made its public market debut on January 13, 2021. Multi Retail Group runs a network of retail branches under the ACE and Auto Depot brands. ACE focuses on home improvement and maintenance products, including furniture, electrical appliances, air conditioners, garden furniture, outdoor products, and textiles. Auto Depot specializes in automotive services and products, such as vehicle cleaning and care, batteries, tires, motor oils, additives, lighting components, child safety products, and automotive electronics. The company also manages a manufacturing facility in Ashdod that produces customized furniture, cabinets, and wardrobes tailored to customer specifications. Its website is https://www.ace.co.il/. The company's operations are centered around retailing, with a dual focus on home and automotive markets. The firm's product offerings reflect a diversified approach to consumer goods, spanning both residential and automotive sectors. The manufacturing division supports the retail operations by providing customized home furnishings. The company's structure includes both retail chains and a production facility, enabling vertical integration within its product lines. The business model emphasizes direct consumer engagement through physical retail locations and tailored manufacturing services. Multi Retail Group is one of the most popular companies on Eulerpool.