10th Feb 2015 07:41
LONDON (Alliance News) - James Fisher & Sons PLC on Tuesday said it has acquired the National Hyperbaric Centre Ltd in Aberdeen for up to GBP4.5 million.
The consideration on the deal will include GBP3.5 million in cash upfront, plus a GBP1 million earn-out based on specific future contracts undertaken post the completion of the deal and prior to March 2016.
National Hyperbaric Centre operates hyperbaric testing chambers used for testing equipment in the subsea industry, the FTSE 250-listed marine engineering services company said.
By Sam Unsted; [email protected]; @SamUAtAlliance
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