News blog
CBG Group
- BY: Andrew Hore |
- POSTED: 04/04/2008 |
Insurance broker CBG Group is buying Howgud Ltd.
The Manchester-based firm is consolidating its strong position in north west England. Howgud has three trading subsidiaries and they generated profits of £220,000 on revenues of £1.17m in the year to March 2007.
The initial cost is £1.2m, with a further £1.125m payable based on client retention and performance.
The shares rose 1p to 157.5p.
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