Surprised they gave little indication as to what the acquisition brings to PGW except to say they bring a few new things (obviously products or technology) and Parker seems excited about having a greater presence in the North Island
So they have bought a Tyco company .....for how much? .turnover not stated....wonder what it is?
How much does this add to pgw's 100 milll of sales and what does it do the bottom line.
No doubt we will find out in due course but the ho hum announcement ( not even flagged as price sensitive) would suggest just a bolt on that not going to do too much. If it was going to make a difference no doubt more detail would have given ....and a little more excitement
Footnote: how much goodwil from this transaction to be written off in the future Snoopy