nmcn adds value to water

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 equip...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.