Vp has announced its latest specialist bolt-on acquisition, of Sandhurst Limited, for just over £3m. Sandhurst is engaged in the rental of specialist excavator attachments, complementing the Piling business within Vp’s UK division. It looks like another sensible deal. We make no changes to forecasts but take the opportunity to reflect on the recent share price fall. Since the CMA announced its provisional findings in relation to the supply of groundworks products for hire in the UK (including Vp ....
10 May 2019
Bolt-on acquisition of Sandhurst Limited
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Bolt-on acquisition of Sandhurst Limited
Vp plc (VP:LON) | 555 27.8 0.9% | Mkt Cap: 222.9m
- Published:
10 May 2019 -
Author:
James Tetley -
Pages:
3
Vp has announced its latest specialist bolt-on acquisition, of Sandhurst Limited, for just over £3m. Sandhurst is engaged in the rental of specialist excavator attachments, complementing the Piling business within Vp’s UK division. It looks like another sensible deal. We make no changes to forecasts but take the opportunity to reflect on the recent share price fall. Since the CMA announced its provisional findings in relation to the supply of groundworks products for hire in the UK (including Vp ....