31st Oct 2013 17:36
LONDON (Alliance News) - Shipping services group Clarkson PLC Thursday said that its port and agency business has acquired specialist tool supplier Gibb Tools Ltd for a total consideration of GBP12.7 million.
Clarkson said that the acquisition will significantly increase Clarkson Port Services' capability to tender for larger offshore and renewable contracts.
Clarkson said the acquisition was paid via a combination of cash and a number of shares.
The stock closed 0.4% higher Thursday, at 2,016.00 pence per share.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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