- PipeHawk Plc (PIP) has acquired the entire issued share capital of Wessex Precision Instruments Limited for a consideration of £1.
- The acquisition apart from complementing the company’s subsidiary QM Systems, will offer it many synergistic cost-saving opportunities.
- Wessex Precision is into the business of selling a range of equipment for testing the slip resistance characteristics of aggregates used in public areas.
- On 16th October 2019, at the time of writing, GMT 08:08 AM, PIP shares were trading at GBX 4.34, up by 0.24 points or 5.85% against the previous day closing price.
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