11 May 2017 07:00
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Current trading in Melrose is in line with expectations. Consistent with the commentary given at the year end results announcement in March, Nortek continues to improve its performance and the power generation market remains difficult for Brush.
The Melrose Board is seeking another acquisition to create further value for shareholders and is confident of finding a suitable opportunity in due course.
Nick Miles, Charlotte McMullen
+44 (0) 20 3514 0897