{"id":64352,"date":"2019-10-07T14:23:28","date_gmt":"2019-10-07T13:23:28","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=64352"},"modified":"2023-06-27T13:33:05","modified_gmt":"2023-06-27T12:33:05","slug":"nmcn-lintott-control-systems","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/nmcn-lintott-control-systems\/64352\/","title":{"rendered":"NMCN acquires Lintott Control Systems"},"content":{"rendered":"

Construction company, NMCN<\/a> has acquired Norfolk-based business, Lintott Control Systems<\/a> (LCS) for up to \u00a33.7m subject to a three-year earn-out<\/h2>\n

The North Midland listed construction company, NMCN has acquired Norfolk-based business, Lintott Control Systems Limited (LCS). LCS manufacture and design digitally-integrated, factory-built equipment and process software.<\/p>\n

The acquisition aligns with NMCN\u2019s intentions to deliver customer value through integrated assets and services.<\/p>\n

The chief executive officer of NMCN, John Homer, stated: \u201cThe cash position we\u2019ve been able to build in recent years has enabled us to take the next step in broadening our offering to our clients.\u201d<\/p>\n

\u201cThe acquisition of LCS strengthens our ability to offer innovative, customer focussed solutions for the water sector<\/a>. We look forward to combining our own experience with our newly acquired colleagues\u2019 skills and expertise to enhance our offering as the leading supplier to the water industry.\u201d<\/p>\n

Before the acquisition, Lintott Control Systems reported a turnover of \u00a38.5m in the year to December 2018 with a pre-tax loss of \u00a3988,140.<\/p>\n

Managing director of Lintott Control Systems, David Owen, said: \u201cWe were attracted by the business development opportunities and NMCN\u2019s ambitious growth plans.\u201d<\/p>\n

\u201cWe look forward to supporting the wider business in achieving its growth objectives and in delivering exceptional customer service.\u201d<\/p>\n

Homer added: \u201cWe\u2019re looking forward to welcoming on-board new colleagues and expanding our expertise within the water sector as we work together to grow our services and expertise across all of our key sectors.\u201d<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

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