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James Fisher - Nuclear decommissioning acquisition

January 2005

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Fisher has announced the acquisition of three privately-owned companies for £7.3m in cash. The more interesting ones are Remote Marine Systems (RMS) and Nuclear Decommissioning (NDL) which have come as a single package for £4.9m and will be combined with Fisher's existing nuclear decommissioning business in Cumbria. In the year ended May 2004, the two made £0.62m pretax on sales of £3.5m. Based in North Yorkshire, the businesses are involved in the design and assembly of equipment, predominantly used in decommissioning of nuclear facilities, the largest being Sellafield.RMS also has a successful oilfield activity which designs electrical equipment used for artificial lift systems an ...

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James Fisher - Nuclear decommissioning acquisition

January 2005

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