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Marlowe buys fire protection services company

By BFN News | 08:11 AM | Tuesday 15 August, 2017


Marlowe, a support services group, has acquired The Philton Group, a provider of fire protection services based in Watford, Hertfordshire. Philton provides a portfolio of fire protection services, including the installation, service and maintenance of fire detection and fire suppression systems. Philton is being purchased for a total enterprise value of £0.2 million. For the 12 months ended 30 April 2016, Philton generated revenues of £1.2 million and profit before tax of £0.1 million. At 8:11am: (LON:MRL) Marlowe PLC share price was 0p at 380p Story provided by StockMarketWire.com

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