Excellent news. It's good that there's proven to be value in the Solvitol business, particularly since it's lossmaking. I managed to pick up a few of these in the recent dip in price.
It looks like most of the cash should be in by the middle of next year with the rest and the potential earn out payment in 2 years time.
Good too that E Wood seems to be going well still.
"T&C's remaining operational subsidiary, E Wood, has continued the strong trading performance experienced in the first half of the current year."
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