December 12th, 2018: Cohort plc, the independent technology group, has acquired a majority stake in Chess Technologies.
Cohort was founded on the principle that SME-size businesses can prosper by being part of a larger group, where they can benefit from financial oversight, management support and the exchange of information and practices. We aim to achieve this while preserving the high growth potential of innovative independent businesses. We aim to add real value through the experience and contacts of our senior team while providing a light-touch but effective governance framework to our subsidiaries. Our objective is to deliver value to shareholders through our five operating subsidiaries: Chess, EID, MASS, MCL and SEA.
MCL is an expert in sourcing, design and integration of communications and surveillance technology, as well as support and training for UK end users including the MoD and other government agencies (marlboroughcomms.com)
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