Marlowe buys fire safety services provider Firecrest
AIM-listed support services group Marlowe has bought Oxfordshire-based Firecrest for an enterprise value of £0.26m.
Financial Services
14,827.91
17:14 28/03/24
-0.92%
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Marlowe Holdings Limited (DI)
135.00p
16:55 30/03/16
1.89%
2.50p
In a very brief statement, Marlowe - which focuses on acquiring and developing companies that provide critical testing and maintenance services - said Firecrest generated unaudited revenues of £0.9m and earnings before interest, taxes, depreciation and amortisation of £0.2m in the year to 30 April 2018.
Founded in 2003, Firecrest provides a range of fire safety services.
At 1025 BST, Marlowe shares were down 0.4% to 460.16p.