MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Marlowe acquires Wrightway Health for up to £4.5m

StockMarketWire.com

Safety company investor Marlowe said it had acquired Wrightway Health for up to £4.5 million, including debt.

Norwich-based Wrightway provided occupational health services to businesses in the East and South East of England.

Marlowe said it had paid an initial acquisition sum of £3.5 million.

The total enterprise value was expected to be in the region of £4.5 million and included a 12 month contingent cash earn-out of around £1.0 million.

For the year ended 30 April 2020, Wrightway generated an adjusted earnings before interest, tax, depreciation and amortisation of £0.7 million on revenues of £2.7 million.



Story provided by StockMarketWire.com