SDI Group Expands into Electric Boiler Market with Collins Walker Acquisition

SDI Group ( (GB:SDI) ) just unveiled an announcement.

SDI Group plc has acquired Collins Walker Ltd, a designer and manufacturer of electric boilers, for approximately £1.85 million. This acquisition aligns with SDI’s strategy to expand in the regulatory-driven electric boiler market, which is experiencing growth due to net zero regulations. Collins Walker will be integrated into SDI’s Industrial & Scientific Products division, specifically Applied Thermal Control, to enhance manufacturing capacity and operational efficiencies. This strategic move is expected to increase sales and margins, providing SDI with a stronger foothold in the high-growth industrial electric boiler sector.

More about SDI Group

SDI Group plc is a conglomerate of small to medium-sized companies specializing in industrial and scientific products. The group focuses on acquiring and developing companies that design and manufacture specialist products for lab equipment, industrial and scientific sensors, and related products. SDI’s portfolio serves markets including life sciences, healthcare, plastics and packaging, manufacturing, precision optics, and measurement instrumentation. The company aims to grow through organic expansion and strategic acquisitions.

YTD Price Performance: -15.65%

Average Trading Volume: 227,890

Technical Sentiment Signal: Strong Buy

Current Market Cap: £50.6M

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