Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has acquired Argus Fire, a UK-based engineering-led fire systems business, for £38 million, enhancing its presence in the growing UK fire and security market. This strategic move aims to bolster Mitie’s technical capabilities and leverage Argus Fire’s expertise and customer base across various sectors. The acquisition is expected to provide cross-selling opportunities and strengthen Mitie’s offerings in intelligent building solutions.
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