Melrose profit rises as acquisition trail continues

Engineering firm Melrose reported stronger full year profit after a robust performance at its main energy and lifting divisions.

Engineering firm Melrose reported stronger full year profit after a robust performance at its main energy and lifting divisions.

The FTSE 250 engineering buyout firm also said it continues to look for its next acquisition. Melrose lost out to rival firm Colfax Corporation in an attempted bid for Charter International last year.

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