Pinewood Technologies Group PLC, known as Pinewood.AI, will join the FTSE 250 Index on September 16, 2025, as confirmed by FTSE Russell. The company has seen growth since becoming independent in 2024, expanding into AI and securing new contracts, preparing for entry into North America.

Pinewood.AI plans to provide a strategy update alongside interim results on September 24, 2025. CEO Bill Berman sees the FTSE 250 inclusion as recognition of the company’s hard work and market opportunities for its technology.

Established in 1981, Pinewood Technologies offers cloud-based systems for automotive retailers and OEMs. After becoming independent in 2024, the company acquired Seez, an AI and machine-learning SaaS platform for the automotive sector. The company’s growth led to its inclusion in the FTSE 250 Index.

The news of Pinewood Technologies Group joining the FTSE 250 was originally reported by Motor Finance Online, a brand owned by GlobalData. The company’s journey to index inclusion reflects its success and expansion in the automotive technology sector.

Read more at Yahoo Finance: Pinewood Technologies Group to Join FTSE 250