Marlowe PLC - London-based company focused on business safety and regulatory compliance - Acquires SF Fire Ltd, a Huddersfield, England-based fire safety company, for an enterprise value of up to £1.1 million. This includes a payment of £100,000 dependent on integration. The acquisition will be funded from the company’s existing cash resources, Marlowe explains.

For the year ended September 30, SF Fire reported pretax profit of £200,000 and revenue of £500,000. Its net assets at September 30 were £500,000.

Current stock price: 902.00 pence, down 0.9% in London

12-month change: up 51%

Copyright 2022 Alliance News Limited. All Rights Reserved.