Idox completes £5.6m acquisition
19th October 2012
SOFTWARE supplier Idox, which has an operation in Wilmslow, has acquired a facilities management software business for £5.6m.It has bought Sussex-based FMx which has 24 staff and reported an operating profit of £900,000 on sales of £2.7m in the year to March.The acquisition has been funded from London-based Idox's cash and debt facilities.Chief executive Richard Kellett-Clarke, CEO of Idox, said: "This acquisition is an important step in our strategy to extend our engineering information management solutions acros......for the full story register now for free or login below...
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