Hunting plc completes £50m acquisition of UK-based FES
LONDON: Hunting PLC (LSE: HTG), a precision engineering group, announced Monday it has acquired the entire issued share capital of Flexible Engineered Solutions (FES) Holdings Limited for £50 million in cash. The deal, completed on a cash-free, debt-free basis, includes customary post-completion adjustments. The acquisition supports Hunting’s 2030 growth strategy, expanding its offshore and subsea capabilities…