6 June 2025 - acquisition
The group has announced another acquisition as it continues with its expansion with the purchase of Severn Thermal Solutions for £4.75m. The latter is a designer and manufacturer of high temperature furnace systems and environmental chambers for advanced material processing and testing. This will help the group with its expansion into the controlled environment market and the acquisition operates in a growing market with blue-chip customers. It is expected to be earnings enhancing immediately and pre-tax profits in the current year to 30 April 2026 could increase to £9.6m for earnings per . . .
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