StockMarketWire.com - Grafenia completed the acquisition of Birmingham-based Artichoke Design, a small design agency, based in Birmingham.

In the year ended 31 March 2018, Artichoke's unaudited turnover was approximately £180,000 generating an operating profit of approximately £40,000.

Artichoke, which traded as Nettl of The Jewellery Quarter in Birmingham was founded and operated by two brothers.

'Richard has been a long-term partner and I've known him for over a decade and a half. Now we're delighted to have Richard join Grafenia. With the support of a larger team behind him, we look forward to making the most of Richard's tenacity and sales skills to grow our Nettl of Birmingham Business Store,' said Peter Gunning, CEO of Grafenia.




At 9:15am: [LON:GRA] Grafenia share price was -0.5p at 12p



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