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Eleco

March 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • ELCO
  • Price:
  • 141.5p
Eleco has acquired Ireland-based Pemac to complement its Shiresystems CMMS software,  expanding its reach in the manufacturing sector. CMMS (Computerised Maintenance Management System) is software designed to help organisations manage, track and optimise maintenance activities of equipment, facilities and assets. Pemac’s customer base includes 100 blue-chip manufacturing companies including Coca Cola, Gyproc, Heineken, Wyke Farms, Keppel Data Centres, Stryker, SteriPack Group, LumiraDx and Amgen.    Eleco has paid €6m in cash upfront with a further €2.4m payable based on future performance. Pemac had sales of €2.7m and €0.6m adjusted EBITDA in 2024 and is immediately EPS enhancing. Separately, Eleco has also said 202 ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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