StockMarketWire.com - Safety-focused company investor Marlowe said it had sold some non-core assets for £2.3m.

The assets comprised two contracts to produce specialist chemical products with applications in healthcare and clinical disinfection.

They were acquired as part of Marlowe's £4.5m acquisition of Suez Water Conditioning Services announced in August.

In the year through December, 2017, the contracts generated revenue of £0.6m and an estimated gross profit contribution of £0.2m.

The sale proceeds would be used for general corporate purposes, the company said.



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