Marlowe plc (AIM:MRL) acquired FSE Fire Safety Systems Ltd for £2.6 million on December 2, 2019. The consideration shall be paid in £2.4 million cash upfront and a contingent cash earn out of £0.2 million. The acquisition will be funded from Marlowe's existing cash resources. FSE Fire Safety Systems Ltd reported net assets of £1.2 million at August 31, 2019. Nicholas Wells, Ben Jeynes and Harry Hargreaves of Cenkos Securities plc acted financial advisor to Marlowe plc. Marlowe plc (AIM:MRL) completed the acquisition of FSE Fire Safety Systems Ltd on December 2, 2019.