Mitie Group plc (GB:MTO) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Mitie Group plc has acquired Argus Fire, a UK-based engineering-led fire systems business, for £38 million, enhancing its presence in the growing UK fire and security market. This strategic move aims to bolster Mitie’s technical capabilities and leverage Argus Fire’s expertise and customer base across various sectors. The acquisition is expected to provide cross-selling opportunities and strengthen Mitie’s offerings in intelligent building solutions.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
