Strontium boosts professional services network with Learning Eye buy
Monday, March 10, 2008
Strontium, the AIM-listed professional services firm, has struck a deal to buy The Learning Eye Ltd, a management agency which delivers customised training and consulting services primarily focused on the automotive sector.
Strontium is paying an initial £1 million in cash and shares for the business, with a potential future earn out of £1.45 million.
It said the move emphasised its ongoing acquisition strategy to build a symbiotic network of independent professional services businesses.
TLE's clients include companies such as Toyota, Lexus, BMW, MINI, Nissan and QinetiQ.
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