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An announcement from FOS Capital Ltd ( (AU:FOS) ) is now available.
FOS Capital Limited has acquired Glowing Structures, a Melbourne-based specialist lighting design consultancy, for $700k. This acquisition is expected to enhance FOS’s market position by converting Glowing Structures’ sales specifications into sales of FOS’s lighting products, with the founder of Glowing Structures continuing in his role and becoming a key shareholder.
More about FOS Capital Ltd
FOS Capital Limited operates in the lighting services industry, focusing on manufacturing and distributing market-leading lighting products. The company aims to expand its presence in the industry through strategic acquisitions.
YTD Price Performance: -5.88%
Average Trading Volume: 30,029
Technical Sentiment Signal: Sell
Learn more about FOS stock on TipRanks’ Stock Analysis page.