|
Renew Holdings PLC - Leeds, England-based engineering services group - Acquires through its subsidiary Excalon Ltd, provider of specialist cable jointing services to the power industry, PWR-X Ltd for a £1.1 million total consideration. Notes the deal was on a cash and debt free basis. Says the initial £750,000 cash consideration was funded via the company’s bank facilities. ‘This acquisition represents a strong strategic fit expanding Excalon’s capabilities and enhancing its offering in the high voltage power market,’ says Renew Holdings. Adds that it continues to evaluate a pipeline of further acquisitions. Current stock price: 906.00 pence, down 1.3% on Monday morning in London 12-month change: up 14% Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
