The Coventry Group share price closed at $1.16 yesterday and has remained flat in early trade so far.
Let’s look closer at the news Coventry released this morning.
Coventry Group is set to acquire Fluid Power Services, a Tasmania based provider of specialised hydraulic equipment.
It stated the acquisition will allow create a Tasmanian branch of the company’s Fluid Systems division.
FPS is said to be a leading provider of hydraulic…