StockMarketWire.com - Restore has exchanged contracts to acquire the business and assets of The Data Imaging and Archiving Company. Completion is expected to take place on 18 August 2015, following staff consultation.

It is being purchased for a cash consideration of £1.45 million on a cash-free, debt-free basis, funded from Restore's existing banking facilities.

Imaging and Archiving, founded in 1995, provides document management services from its base in South London and serves customers in both the private and public sectors.




Story provided by StockMarketWire.com