SENIOR ENGINEERING MAKES 12.5 MLN DLR US PURCHASE

  &lt;Senior Engineering Group Plc> said it
  reached agreement with &lt;Cronus Industries Inc> to acquire the
  whole share capital of &lt;South Western Engineering Co> for 12.5
  mln dlrs cash. This sum is being financed by a term loan.
      South Western is one of the U.S.'s leading manufacturers of
  heat transfer equipment, with a turnover of 54.86 mln dlrs and
  pre-tax profits of 1.72 mln in 1986.
      Completion of the deal is conditional on approval under
  U.S. Hart-Scott-Rodino regulations which is expected within 30
  days. Some 350,000 dlrs is payable immediately, 12 mln dlrs
  payable on completion with the balance due by June 30, 1987.
  

