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Acquisition

26 Aug 2015 15:19

RNS Number : 1953X
Tex Holdings PLC
26 August 2015
 



 26th August 2015

 

 

Tex Holdings plc is pleased to announce it has today agreed to acquire the stock and assets of G&M Power Plant Ltd from the administrator. G&M Power Plant Ltd specialises in the design and assembly of bespoke high quality diesel powered electrical generator sets, covering both the global marine and UK industrial sectors.

 

G&M Power Plant Ltd has a number of synergies with the existing companies in the Tex Holdings PLC Engineering Division.

 

In future, G&M Power Plant Ltd will be known as G&M TEX LTD.

 

 

 

 

 

 

 

D. Redhead

Non-Executive Director

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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