US-based Somero Enterprises supplies laser concrete screening equipment that is used to ensure that the concrete floors of warehouses and other buildings are flat. Somero raised $10.03m (£5.35m) gross via a placing at 125p a share when it joined Aim on 1 November 2006. Somero Holdings, which is owned by private equity firm Gores Group, sold $40.13m (£21.41m) of shares in Somero Enterprises at the same time. Somero Holdings was left with a 37.55% stake.
Sector: Construction
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