PTSG has announced another acquisition, its fourth since IPO, which means that the Group will enter 2016 with good momentum. The acquisition of Langston Jones, for a total consideration of £0.7m, is a relatively modest deal and we leave our numbers unchanged at this stage. It is, though, a highly complementary acquisition, which expands PTSG’s client base into new territories (West Midlands) and brings additional expertise and knowledge into the Group, particularly in the area of PAT testing. PT ....

11 Nov 2015
Geographical expansion of Electrical Testing division

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Geographical expansion of Electrical Testing division
Premier Technical Services Group (PTSG:LON) | 0 0 (-0.5%) | Mkt Cap: 170.1m
- Published:
11 Nov 2015 -
Author:
Singer CM Team -
Pages:
3 -
PTSG has announced another acquisition, its fourth since IPO, which means that the Group will enter 2016 with good momentum. The acquisition of Langston Jones, for a total consideration of £0.7m, is a relatively modest deal and we leave our numbers unchanged at this stage. It is, though, a highly complementary acquisition, which expands PTSG’s client base into new territories (West Midlands) and brings additional expertise and knowledge into the Group, particularly in the area of PAT testing. PT ....