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Marlowe acquires Eurosafe UK
3rd Feb 2020 09:29
(Sharecast News) - Specialist services firm Marlowe acquired Eurosafe UK Group on Monday for an enterprise value of £2.5m.
Marlowe snapped up the business, which provides a range of safety consultancy services, as part of its strategy of building an end-to-end provider of regulated compliance services, offering synergies with some of the AIM-listed firm's existing assets.
The York-based outfit generated revenues of £3.4m in the year ended 31 March 2019.
As of 0925 GMT, Marlowe shares were up just 0.02% at 492.10p
Marlowe snapped up the business, which provides a range of safety consultancy services, as part of its strategy of building an end-to-end provider of regulated compliance services, offering synergies with some of the AIM-listed firm's existing assets.
The York-based outfit generated revenues of £3.4m in the year ended 31 March 2019.
As of 0925 GMT, Marlowe shares were up just 0.02% at 492.10p