Small caps round-up: Tracsis, Total Produce, Sweett

Tracsis, which helps transport companies organise their schedules and count passengers, has secured a further contract with a major worldwide rail operating group for use of its resource optimisation software. The value of the contract was not revealed. The agreement secures software licence revenue for at least two years in return for the use of two of its tools which are used to improve the speed and accurary of resource planning activities.

By MoneyWeek

published 3 May 2012

Total Produce has become a 50% shareholder in a newly formed Irish logistics business. The new company has recently completed the acquisition of the trade and certain assets of Flancare Distribution, and has now moved into Flancare's former purpose-built premises.

Sweett Group, an international property and infrastructure consultancy, has reported financial close for a new £12.5m community hospital/health centre in Cockermouth and a new £6.5m health centre in Cleator Moor. The firm has a 33.3% stake in Express LIFT Investments, which has partned the NHS Express LIFT programme for both projects. The developments are funded by both partners and will be delivered through the NHS programme.