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LPA Group plc ( (GB:LPA) ) has issued an announcement.
LPA Group plc has announced the acquisition of Eaton Electrical Products Limited’s Powertron business, enhancing its power supply offerings, particularly for the rail industry. This strategic acquisition is expected to diversify LPA’s product range and improve manufacturing efficiency, aligning with its strategy to produce more standardized products and reduce dependency on new project sales. The acquisition is anticipated to be neutral to FY25 profit but is projected to contribute positively over time, supporting increased sales volumes through LPA’s international distribution network.
More about LPA Group plc
LPA Group plc is an innovation-led engineering specialist focusing on electronic and electro-mechanical components and systems. It serves the transport, defence, infrastructure, and industrial markets, offering engineering solutions that enhance product reliability and reduce maintenance and life cycle costs. The company operates three sites in the UK and exports its products internationally, specializing in electro-mechanical systems, LED lighting, and value-added distribution for rail, aviation, and defence industries.
YTD Price Performance: -13.43%
Average Trading Volume: 11,640
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £7.66M
See more data about LPA stock on TipRanks’ Stock Analysis page.
