Successful Ceram is in acquisition mode
The Ceram Group is on the hunt for acquisitions after posting a jump in annual net profits, says www.insidermedia.com.
Ceram, which specialises in materials analysis and testing, said net profits increased 79% to £717,000 in the year 30 April 2012. Turnover also rose to £12.7 million, an increase of 8% on the previous year.
The Ceram Group has now instructed Grant Thornton to find suitable acquisitions and it looks to the next stage of its growth.
Tony Kinsella, Chief Executive said, "We’re looking to acquire complementary testing businesses as well as businesses that can add to our materials expertise in technologies such as polymers."
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