Belfast investment vehicle Rockpool Acquisitions has put forward a £22.3 million proposal to buy London engineering company Amcomri Group.
The group provides engineering and equipment services to the power, rail, petrochemical, process and production electronics industries in the UK and Ireland, also helping operators extend the life of their infrastructure.
Rockpool, which is listed on the London Stock Exchange, was set up by founders Mike Irvine, Neil Adair and Richard Beresford in 2017 as a vehicle to acquire a target company, known as a special purpose acquisition company, or SPAC. The proposed deal will officially be a reverse takeover under the stock exchange rules.
