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Wynnstay acquires PSB

Wynnstay acquires PSB

Wynnstay, the agricultural and retail group, has acquired PSB (Country Supplies) Limited, an independent agricultural merchant, based in Tetbury, Gloucestershire, for an anticipated consideration of £0.5m.

Of this, £0.35m is payable in cash on completion and a further consideration, up to a maximum of £0.15m, may also be payable, based on a formula to be applied to future profits.

Story provided by StockMarketWire.com

01/06/2012