PipeHawk Plc Acquires Wessex Precision Instruments Limited

  • Oct 16, 2019 BST
  • Team Kalkine
  • 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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