Fandango's primary objective is to invest in businesses in the industrial, including the energy sector, and service sectors and would consider, inter alia, horizontal and vertically integrated business related thereto, which may be classified as general industrial or service industries.
For example, it may seek to acquire businesses such as suppliers to energy companies, alternative energies, green energies, waste to energy and other emerging and advanced technologies in connection therewith. There are many opportunities to acquire businesses in the industrial and service sectors. All sub-sectors of those classifications will be considered.
While the Company does not currently have any acquisitions under formal consideration, it expects that it will target those in the range of £1-20 million. Subsequent to its initial acquisition, the Company may explore the potential for further acquisitions in order to provide finance and operational leverage.