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Hercules Site Services, Light Science Technologies; S&U, Chesnara - Small Cap Wrap

Hercules Site Services, Light Science Technologies; S&U, Chesnara - Small Cap Wrap

Hercules Site Services PLC (AIM:HERC) has sold its Suction Excavator business to SNC Holdings for £2.4 million. The move slashes debt and is expected to boost profits.

Light Science Technologies Holdings PLC (AIM:LST) has signed a big distribution deal with Agrolux. It gives LST exclusive rights to sell Agrolux’s LED lighting in the UK and Ireland, with potential expansion into Europe.

S&U PLC (LSE:SUS) says its Advantage Finance business is recovering, with new car finance deals topping 900 in January. Its property finance arm, Aspen Bridging, has reported record growth.

Chesnara PLC (LSE:CSN) sees more M&A opportunities after acquiring a second batch of Canada Life policies. The company has £200 million in capital ready for further deals in the UK and Europe. (edited)