Plus   Neg

Lakehouse Plc Acquires Sure Maintenance Group - Quick Facts

Lakehouse plc (LAKE.L), the asset and energy support services group, announced the acquisition of the entire share capital of Sure Maintenance Group Ltd for an initial cash consideration of 6.5 million pounds, including repayment of debt. Lakehouse said Sure will allow the Group to extend its geographic footprint in the gas servicing and maintenance market.

Sure Maintenance Group is engaged primarily in providing gas servicing, maintenance and installations to social housing clients in the North of England and Midlands. Lakehouse said Sure complements the current activities of the Group's Compliance division, which comprises Gas and Fire businesses, operating primarily in South East England and an Air and Water business, which operates nationwide.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
McDonald's Corp. has announced the return of its popular Shamrock Shake milkshake for a limited time at participating U.S. restaurants nationwide. The minty green milkshake is made with McDonald's vanilla soft serve blended with Shamrock Shake syrup and topped with whipped topping. It first debuted on the McDonald's menu in 1970 and has been a seasonal tradition for nearly 50 years. Asia-focused lender HSBC, through its blockchain-powered platform, has reduced the cost of settling foreign exchange trades by 25 percent, Reuters reported quoting a bank executive overseeing the project. Mark Williamson, chief operating officer of FX cash trading and risk management, told that the bank processes between 3,500 and 5,000 trades a day on its "FX Everywhere" system. PepsiCo, Inc. (PEP) reported fourth-quarter core EPS of $1.49 compared to $1.31, prior year. Excluding the impact of foreign exchange translation, core constant currency EPS increased 17 percent year-over-year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per...
Follow RTT