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Inprova in double energy swoop

Date added: 17/04/2015

INPROVA Group, the new name of Warrington company CEL Procurement, has made a two acquisitions in the energy market. The procurement outsourcing services group, which is backed by private equity firm LDC, has bought energy brokers energyTEAM and ENER-G Procurement - part of the Salford-based ENER-G Group. Financial terms of the acquisitions were not disclosed, but Improva said the deals would boost its turnover to more than £12m this year - a figure it plans to double in three years with more acquisitions and international part.




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