logo-loader
viewInspiration Healthcare

Inspiration Healthcare 'transformed and nearly doubles in every parameter' after S.L.E. acquisition

Inspiration Healthcare Group PLC's (LON:IHC) Neil Campbell caught up with Proactive London's Andrew Scott following the news they've acquired S.L.E. Limited, a designer and manufacturer of ventilators and capital equipment used in neonatal intensive care, for a consideration of £18mln.

He says the deal transforms the scale of the group - virtually doubling in every parameter overnight.

''We go from being a £18mln turnover business to a £34mln turnover business employing 200 people which is fantastic for us and really exciting''.

Quick facts: Inspiration Healthcare

Price: 64.4 GBX

AIM:IHC
Market: AIM
Market Cap: £43.78 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Inspiration Healthcare named herein, including the promotion by the Company of Inspiration Healthcare in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Morning Report: FTSE 100 rallies, Tesco sales surge but so do costs

Headlines from the Proactive UK newsroom. FTSE 100 rallied as US markets put in a strong performance overnight. London’s blue-chip index was 46 points higher at 6,192 early doors. Tesco revealed its bank arm would lose between £175-200mln this year due to a surge in bad debts. Grocery...

2 weeks, 3 days ago

2 min read