Source - Alliance News

Croma Security Solutions Group PLC - Hampshire, England-based security services provider - Says subsidiary, Croma Locksmiths & Security Solutions Ltd has bought locksmith business Southern Stronghold Ltd for £965,000. Southern Stronghold recorded revenue of £500,000 for the year ended March 31, and a pretax profit of £39,000.

‘The acquisition will extend the geographic reach of the group and through its Coventry site provide a base from which Croma can better service, support and expand existing client relationships with those that have operations in the Midlands’, the company notes.

Current stock price: 67.00 pence, down 5%

12-month change: down 15%

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