Growth Capital

Concateno plc

In 2006 & 2007 Aberdeen invested a total of £1.4m in support of the AIM placings of Concateno plc. The company strategy is to acquire and consolidate businesses in the drug and alcohol testing sector.

In November 2006 Concateno completed its first acquisition with the purchase of Medscreen Ltd . This was followed with the acquisition of Altrix Healthcare Ltd in January 2007, TrichoTech Ltd in February 2007 and Euromed Ltd in April 2007. More recently Concateno has completed its first international acquisition with the purchase of Swedish-based Marconova in May 2007 and in July 2007 they acquired CPL International.