REACT Group Expands with Aquaflow Acquisition

REACT Group plc (GB:REAT) has released an update.

REACT Group plc has acquired 24hr Aquaflow Services Limited for up to £7.4 million, aiming to enhance its facilities management offerings in London and the South East. The company also plans to raise £1.1 million through a new share placing to bolster its working capital. Despite economic challenges, REACT reports strong trading results for the year, with revenue and gross profit showing healthy growth.

For further insights into GB:REAT stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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