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APC Technology

  • BY: Andrew Hore |
  • POSTED: 17/06/2019 |

APC Technology Group has acquired rival electronic components distributor Euro-Tech for £1.05m.

The purchase will enhance the ability of the group to source hard to find and end of life components.

In the year to April 2019, Euro-Tech generated pre-tax profit of £100,000 on revenues of £2.2m. Profitability should improve after the business is integrated.

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Quoted Micro 22 July 2019

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