Business
Acquisition of North West Transport Supplies
Amcomri Group plc has acquired North West Transport Supplies Limited (NTS) for an initial cash consideration of £3 million, with up to £1 million deferred. NTS, which specialises in the repair and overhaul of rail rolling stock equipment, generated approximately £3.2 million in revenue and £1.1 million in profit before tax for the year ended March 31, 2026, and had net assets of £0.75 million. This acquisition aligns with Amcomri's 'Buy, Improve, Build' strategy, expanding its service offering in the specialist rail repair sector and leveraging NTS's established customer relationships and technical expertise. Disclaimer*
About this update from Amcomri Group Plc
9 July 2026 Amcomri Group plc ("Amcomri", the "Company" or the "Group") Acquisition of North West Transport Supplies Limited Amcomri Group plc (AIM: AMCO), the 'Buy, Improve, Build' UK and Ireland focused, specialist engineering services and industrial manufacturing group, is pleased to announce that it has completed the acquisition of North West Transport Supplies Limited (trading as NTS Limited Leyland) ("NTS") (the "Acquisition") on a cash free/debt free basis. NTS is based in Leyland, Lancashire and specialises in the repair and overhaul of often high integrity, safety critical electro-mechanical units, HVAC and pneumatic control equipment found on rail rolling stock fleets. NTS focuses on the UK rail industry with its customer base including OEM's, specialist maintenance and supply chain providers, and rolling stock owner/operators. The initial cash consideration of £3 million was paid from existing cash resources on completion of the Acquisition, with the remaining balance of up to £1 million being paid on a deferred basis, with 50% payable in July 2027 and 50% subject to an earn-out agreement to be payable in August 2027. In recent years, NTS has consistently been profitable and generated positive cash flow, with repeat revenue characteristics across a quality customer base. For the year ended 31 March 2026 (unaudited), NTS generated revenue of approximately £3.2 million and profit before tax of approximately £1.1 million (before normalisation of director costs). As at 31 March 2026, NTS had net assets of approximately £0.75 million. Highlights · NTS has built an excellent reputation and has established long-standing customer relationships with recurring revenue across the specialist rail repair and overhaul sector. · Extensive technical expertise and a wealth of knowledge across a highly skilled workforce and management team affords NTS a very strong competitive position in its chosen niche overhaul markets. · The Acquisition provides a retirement exit rundown for the shareholders, David Calvert and Guy Woods. David Calvert will remain in NTS as Managing Director for two years and Guy Woods will continue to be engaged as Finance Director post-completion f...