AIM new admission: Amcomri buy and build strategy

Amcomri Group is focused on buy and build in the engineering sector. It is seeking established businesses with specialist expertise. Management will then hope to enhance their performance. So far, there have been 16 acquisitions. These are in niche and fragmented markets.

Amcomri Group was co-founded by Paul McGowan, who is also executive chairman of Hilco Capital, although his focus is Amcomri Group. He owned some of the companies that were initially acquired.

The initial idea was to reverse into a standard list shell, but this was changed to an AIM flotation. The share price started a...

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