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Fri, 18th May 2018 13:04
LONDON (Alliance News) - Marlowe PLC said Friday it has acquired the business and assets of Forest Environmental Ltd from its administrators for a GBP500,000 cash consideration.
In the year to June 2017, Forest Environmental, an asbestos remediation company, reported revenues of GBP13.1 million and pretax profit of GBP100,000.
Marlowe shares were trading up 1% at 410.00 pence.
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(Sharecast News) - Security systems services company Marlowe said on Wednesday that trading in the first half of the trading year was "strong" and that it now expects to report full-year results ahead of current market expectations.
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