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Dewhurst Group Secures Long-Term Site for A&A Operations

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Dewhurst Group Secures Long-Term Site for A&A Operations

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Dewhurst ( (GB:DWHT) ) has issued an update.

Dewhurst Group PLC announced the acquisition of the South Woodford site from the A&A Electrical Distributors Ltd Retirement Benefit Scheme for £7.0 million in cash. This purchase secures long-term use of the site for A&A’s operations, allowing the company to maintain stability in its trading activities.

More about Dewhurst

Dewhurst Group PLC operates in the manufacturing sector, specializing in producing and supplying high-quality components for the lift, transport, and keypad industries. The company focuses on providing these essential parts globally, catering to a diverse range of market needs.

YTD Price Performance: 9.52%

Average Trading Volume: 916

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £73.46M

For an in-depth examination of DWHT stock, go to TipRanks’ Stock Analysis page.

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