Announced
Completed
Synopsis
Lakers, a company specialising in the service, sales, service and hire of pumps, completed the acquisition of Pump Supplies, a submersible pump company. Financial terms were not disclosed. "The acquisition is a great coming together of two businesses who’ll mutually benefit from the deal. It stabilises a mature business which is well regarded in its marketplace and provides a strong platform for the future development of the business. It provides Lakers with a gateway for its plans to expand further in the UK," Andrew John, Pump Supplies Managing Director.
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