Fulcrum Utility Services acquires The Dunamis Group for £22m
Source - SMW
Fulcrum Utility Services said it had agreed to acquire infrastructure services company The Dunamis Group for £22.0m.
The company had conditionally raised £10.4m through a share purchase to help fund the deal. New shares were placed at 60p each.
'The acquisition will significantly expand and extend Fulcrum's capabilities and specialist knowledge in the electrical infrastructure services sector, creating one of the UK's leading gas and electrical infrastructure services groups,' Fulcrum said.