Hancock & Gore hits takeover trail
By SIMON ANDERSON
INDUSTRIAL abrasives, reprographics and optical supplies group Hancock & Gore Ltd has hit the acquisition trail, declaring it is looking for an acquisition big enough to double its revenue.
The diversified industrial group said yesterday it had recorded a 25 per cent increase in net profit to a record $3.8 million, based on revenue of $69.4 million, with profitability up in all operating sectors.
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