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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Porvair Plc | LSE:PRV | London | Ordinary Share | GB0006963689 | ORD 2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.00 | 0.32% | 620.00 | 618.00 | 630.00 | 620.00 | 620.00 | 620.00 | 5,662 | 11:51:15 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Chemicals & Chem Preps, Nec | 176.01M | 15.97M | 0.3445 | 18.00 | 287.38M |
From May 2019 to May 2024
LONDON--Porvair PLC (PRV.LN), a filtration and environmental technology group, Thursday announced the acquisition of Thomas Cain Inc. for undisclosed sum, and said that it has signed a technology licensing agreement with Thermo Electron Manufacturing Ltd.
MAIN FACTS:
-Acquisition will add a complementary range of block digestion instruments and consumables to Seal's water quality analysis products.
-Business will be integrated into Seal Analytical's operation in Wisconsin, U.S..
-Thomas Cain is a manufacturer of environmental laboratory equipment and consumables.
-Under the technology agreement, Porvair and Thermo will commercialise an exclusive range of life science sample preparation filters.
-Porvair has licensed its filter technology and will manufacture the products; Thermo will undertake sales and marketing of the filters worldwide.
-Thermo Electron Manufacturing Ltd, is a division of Thermo Fisher Scientific (TMO).
-Shares of Porvair on Wednesday closed at 245 pence, valuing the company at GBP107 million.
-Write to Tapan Panchal at tapan.panchal@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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