Brickability Group PLC - Berkshire-based construction materials firm - Completes the acquisition of McCann Ltd, a UK and European haulage and logistics provider.
Brickability to pay GBP1.8 million for McCann, of which GBP1.2 million was paid on completion with a further GBP525,000 payable over the following three years.
"The acquisition of McCann is aligned with the strategy set out at IPO to identify opportunities to acquire services and products complimentary to the group's existing offer," says Brickability.
The acquisition will provide Brickability with its own pan-European transport network, the company says.
Current stock price: 55.00 pence
Year-to-date change: down 23%
By Lucy Heming;Â firstname.lastname@example.org
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