News blog
Judges Scientific
- BY: Andrew Hore |
- POSTED: 22/02/2012 |
- COMMENTS: Add yours
Deben, a 51%-owned subsidiary of scientific instruments supplier Judges Scientific, has acquired KE Developments.
Deben and KE both design and manufacture accessories for electron microscopy and KE’s operations will be transferred to Deben’s factory in Suffolk. That should happen within three months of completion of the acquisition. Deben is paying £40,000 for fixed assets and up to £300,000 for goodwill spread over five years based on future sales.
KE broke even on sales of £975,000 in the year to June 2011. Output has been falling in recent years but Judges believes that the acquisition will be earnings enhancing once production is transferred to Suffolk.
Judges paid £3.26m bought 51% of Deben one year ago. Gary and Tracey Edwards own the other 49%.
At 457.5p a share, Judges is valued at £19.6m.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFFebruary2012_29.pdf
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
Sanderson Group
Enterprise software provider Sanderson Group is continuing to benefit from growth in multi-channel retailing.
Resources In Insurance Group
Claims management services provider Resources In Insurance Group has slashed its loss in 2011.
atUK
e-commerce services provider @UK has gained a four year national e-commerce framework agreement for all UK public bodies.
Hydrogen Group
Recruitment firm Hydrogen Group says that net fee income for the first four months of 2012 was higher than the same period last year.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|