The environmental products and services group has announced the acquisition of the business and certain assets relating to the UK manufacturing operations of indebted AIM peer Helesi plc (AIM: HLS), a fellow supplier into the waste management industry. The total consideration of £1.65m in cash will be spread over a number of months.
The AIM listed company focussed on the agricultural sector in central and southern Africa issued an operations update on its maize processing, milling and cattle ranching operations in Mozambique.