Lords has announced the acquisition of the trade and assets of CMO Group following a CMO pre-pack administration process. CMO is the UK’s largest online-only building products supplier, and the acquisition advances Lords’ strategic objective to continue growing its digital revenue base. The cash consideration is £1.8m and the acquisition includes property assets of £1.2m. This effectively places £0.6m on the digital assets which include nine specialist websites and related IP which would cost se ....
