Tex Holdings plc (LSE:TXH) acquired G&M Power Plant Ltd for £0.24 million in cash on August 26, 2015. Post-acquisition, G&M Power Plant Ltd will be known as G&M TEX LTD and will operate as a stand-alone business. G&M Power Plant reported revenues of £6.8 million in the year ended March 2015. 19 members of staff at G&M Power Plant, out of a total of 35, will be retained. Chris Laughton and Peter Godfrey-Evans of Mercer & Hole were appointed as joint administrators of G&M Power Plant.

Tex Holdings plc (LSE:TXH) completed the acquisition of G&M Power Plant Ltd on August 26, 2015.