Manchester-based specialist plastic products manufacturer Coral Products (LON: CRU) has used some of its cash on two acquisitions in the past month. The cash was not earning much interest and the acquisitions will generate significant additional profit for the current financial year. They are both expected to be earnings enhancing.
Runcorn-based Alma Products produces sheet extrusion, volume vacuum forming and container printed products. It supplies the food packaging and personal care markets.
Alma owns the freehold of its factory, and it has up to date capital equipment. The business was est...
