22nd Oct 2018 09:14
LONDON (Alliance News) - Marlowe PLC on Monday said it has acquired fire safety services firm Firecrest Services Ltd for GBP260,000.
Marlowe is a support services group and concentrates its efforts on the acquisition and development of critical testing and maintenance services companies. It focuses on fire protection, securities systems, air quality, and water treatment service companies.
In the year to April 30, Oxfordshire based Firecrest generated revenue of GBP900,000 and earnings before interest, taxes, depreciation and amortization of GBP200,000.
Shares in Marlowe were up 0.9% at 466.00 pence on Monday.
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