Agree with this comment from the release (underlining is mine): "Out Performers expands that capability into complex industrials and manufacturing at a time when businesses have never needed more help with managing their energy efficiency and productivity for environmental and cost benefits,” Mr Stretch said."
Almost every presentation/release I've read in the last year from big energy users (eg. BKW), has had a point grumbling about the price of electricity and how market uncertainty re: future energy prices, could raise manufacturing costs even further. Many of these big electricity users are investing in plant/processes to increase energy efficiency. So the idea behind this EPW acquisition seems spot-on to me.
EPW Price at posting:
$1.66 Sentiment: Hold Disclosure: Held
