AMPH completes acquisition of CPL Distribution
StockMarketWire.com - Aggregated Micro Power Holdings (AMPH) confirmed that it has completed the acquisition of the wood pellet assets and customer base of CPL Distribution for £485,000, to be financed from its existing cash resources.
Richard Burrell, Chief Executive, said:
"CPL has built a strong and well-regarded business in the wood pellet market in England over the last five years, with approximately 1,200 customers. The Acquisition is in line with AMP's strategy to expand Forest Fuels with strategic in-fill acquisitions to build on its existing customer base in the wood fuels market."
At 1:04pm: (LON:AMPH) Aggregated Micro Power Holdings Plc share price was -2.5p at 100p
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