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Third acquisition in six weeks for PTSG

Third acquisition in six weeks for PTSG

PTSG has continued its pre-Christmas shopping spree with its third acquisition in six weeks, buying a West Midlands electrical safety testing company. The Castleford business, which floated on the stock market in February, has paid £700,000 for Langston Jones.

Paul Teasdale, chief executive of PTSG, said: “This is a highly complementary acquisition, which instantly expands the Group’s client base into new geographical territories and provides another key office location, the West Midlands, from which to grow our business.”

Mr Teasdale added: “Langston Jones also brings additional expertise and knowledge to our existing portfolio of electrical testing services with its bias towards portable appliance testing, whereas PTSG’s focus has historically been on electrical installation testing.”

See the article in full at BusinessDesk.com