Severfield PLC - North Yorkshire, England-based structural steel group - Says that, following the satisfactory completion of the works council consultation process as required under Dutch law, it has now completed the acquisition of Voortman Steel Construction Holding BV for EUR24 million.
Says Voortman is a profitable cash generative business based in Rijssen, the Netherlands, and will provide the company with a manufacturing base in Europe.
Current stock price: 61.00 pence
12 month change: down 6.7%
By Holly Beveridge, Alliance News reporter
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