discoverIE Group (DSCV) - Expanding margins and international exposure

15:46 EDT 25 Oct 2018 | Edison Investment Research

Edison Investment Research - Electronics & Electrical Equipment - discoverIE Group: discoverIE has acquired Cursor Controls Group, a UK-based designer and manufacturer of human-to-machine interface products for £19m in initial cash consideration. Management expects the deal to be immediately earnings enhancing and to boost group operating margins. This acquisition follows the group’s strategy to build the Design & Manufacturing (D&M) business and to grow the proportion of international revenues.
ISIN: GB0000055888

Original Article: discoverIE Group (DSCV) - Expanding margins and international exposure


More From BioPortfolio on "discoverIE Group (DSCV) - Expanding margins and international exposure"

Quick Search


Relevant Topic

Mergers & Acquisitions
Commercial and market reports on mergers and acquisitions in the biotechnology, pharmaceutical, medical device and life-science industries. Mergers and acquisitions (abbreviated M&A;) is an aspect of corporate strategy, corporate finance and manageme...