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Ashtead Group Plc Announces Acquisition of Accession Group Limited


Monday, 13 May 2013 02:00am EDT 

Ashtead Group plc announced that it has acquired Accession Group Limited ("Accession"), including its principal trading subsidiary Eve Trakway Limited, for a consideration of GBP 28 million which was paid in cash at closing. Additional cash consideration of GBP 7 million may also become payable depending on Accession's profits in the year to 28 March 2014. 

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