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18 Apr 2016
Fledgling advanced materials group
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Fledgling advanced materials group
Versarien Plc (VRS:LON) | 0.0 0 0.0% | Mkt Cap: 0.51m
- Published:
18 Apr 2016 -
Author:
Singer CM Team -
Pages:
3 -
Versarien is a fledging advanced materials group, which floated on AIM in 2013. It comprises three divisions: Thermal Products, producing patented porous copper foam with applications in consumer electronics; Hard Wear Products, a manufacturer of tungsten carbide for hard wearing applications in the oil & gas industry; and Graphene Products, via the acquisition of 2-DTech from the University of Manchester in 2014. The Group is IP rich and focused on the commercialisation of its technologies. It is on the look out for acquisitions, funding of which is expected to be largely supported by existing cash resources and bank debt.