Nottinghamshire-based nmcn (LON: NMCN) is using some of its cash pile to acquire Lintott Control Systems (LCS), which designs and manufactures water and wastewater treatment systems and process software. Most of the cash is deferred, though, so it will not make much of a dent initially.
Fully listed nmcn is strong in the water sector, but this deal takes it into a higher level of technology. LCS supplies factory assembled arrays of components and control systems that integrate into nmcn equipment and widens the products and services offered to water companies. This means that more can be ge...
