Gooch & Housego (GB:GHH) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Gooch & Housego PLC has acquired Phoenix Optical to enhance its precision optics capabilities in the Aerospace & Defence markets. The acquisition, valued at up to £6.75 million, aims to leverage Phoenix’s extensive facilities and expertise to expand G&H’s market reach and customer base in the UK and Europe. This strategic move is expected to create synergies and support sustainable margin growth by combining both companies’ technological strengths.
For further insights into GB:GHH stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue