Fire protection business bought in £5m deal
Safety and security group Marlowe has bought a fire safety specialist for £5m.
Morgan Fire Protection will become part of Marlowe's fire division, which is based in Salford Quays.
The Hertfordshire-based business employs 55 people and "adds further scale and capability" to Marlowe's existing services.
Morgan Fire generated £4.3m turnover in the year to March, with adjusted EBITDA - a measure of operating profits - of £0.8m.... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
