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Anisa acquisition will boost scale, revenue and cash flow
Thursday 30 Nov 2017 Author: Steven Frazer

Cloud software supplier Sanderson (SND:AIM) appears to be trying to accelerate growth without sacrificing its cautious reputation.

The retail and manufacturing markets specialist is buying owner-managed industry peer Anisa, another ‘steady-eddie’ according to one analyst, for an enterprise value of £12m in cash and shares.

The deal should bolster growth potential, revenue and cash flow. Sanderson’s shares rallied 12% to 71p on the news (24 Nov). (SF)

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