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Purle buys more companies

26th December 1969
Page 11
Page 11, 26th December 1969 — Purle buys more companies
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Which of the following most accurately describes the problem?

• Purle Brothers Holdings Ltd. has acquired the entire issued share capital of G. W. Green (Contractors) Ltd. J. Nicholls (Contractors) Ltd. and Sludge Tankers (Midlands) Ltd.. three companies providing a liquid waste disposal service to industry and local authorities. The total price paid by Purle was £103,000.

G. W. Green is a well-established company with 19 vehicles based at Hereford and operating throughout the West Midlands and Wales. Sludge Tankers is based at Bridgnorth and its main business is in the Birmingham area. J. Nicholls operates throughout Kent.