LONDON, UK: FW Thorpe has acquired 50% of the share capital of Ratio Electric B.V. in the Netherlands, a specialist in electrical power connection and distribution systems. FW Thorpe has paid a consideration of €6.8m (circa £5.8m) funded from the Company’s existing cash reserves. The acquisition is expected to enhance earnings per share in the…
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FW Thorpe acquires majority stake in Spain-based Zemper
LONDON, UK: FW Thorpe announced the acquisition of 63% of the share capital of Electrozemper S.A. (Zemper) in Spain, a specialist in emergency lighting for a range of different sectors and territories. The acquisition is expected to enhance earnings per share in the financial year ending 30 June 2022, as well as complementing the FW…