1st Apr 2016 07:44
LONDON (Alliance News) - Scientific instruments company Judges Scientific PLC on Friday said it has acquired Hampshire-based instrument maker Dia-Stron Ltd for GBP2.8 million in cash.
Dia-Stron designs and manufactures systems which test the mechanical properties of fibre.
"Dia-Stron is an excellent company which has developed a first-class reputation in its niche market and can be expected to have a positive and immediate impact on the group's financial performance," said Judges Chairman Alex Hambro.
Judges shares were up 4.0% to 1,676.75 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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