MAA medec limited

MEDEC Limited has announced that it has acquired Centurion...

  1. fluffynymph
    56,880 Posts.
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    21/11/06
    23:43
    Post #: 1944503
    MEDEC Limited has announced that it has acquired Centurion Tables Pty Ltd.

    The acquisition and integration of Centurion and the set up of a new MEDEC Australia head office in Sydney is expected to cost approximately $1 million. Over the next three years, the Company expects the acquisition will contribute to an additional $1 million in revenue per year. As a result, the forecasted revenue for the 2007 financial year is $21 million.

    The acquisition is due to become effective 1 December 2006.
    MAA Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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