Wilding Office Equipment Plc has announced that it is to acquire Harlow, Essex-based Open-Plan Ltd, which assembles and supplies office screens in the UK, for an initial cash and share consideration of UKP9.7m and the owner-directors of Open-Plan stand to gain a further UKP2m over the next two years depending on the company’s profitability: Wilding, […]
Wilding Office Equipment Plc has announced that it is to acquire Harlow, Essex-based Open-Plan Ltd, which assembles and supplies office screens in the UK, for an initial cash and share consideration of UKP9.7m and the owner-directors of Open-Plan stand to gain a further UKP2m over the next two years depending on the company’s profitability: Wilding, which is based in Ilford, Essex, took the opportunity of the announcement to forecast increased profits for the year to September 30, pre-tax profit is estimated at UKP2.7m, up from UKP2.0m last time.
