WORLD Fluids plc has acquired the British-based plant and equipment company Wardeffect for £400,000, it said yesterday. The purchase price, which is about to be renamed International Cranes & Equipment, is subject to it achieving pre-tax profits of not less than £500,000 in the year to the end of December 1997, according to chairman Mr Campbell Allan. Earlier this year, the group purchased the British Crane Hire company.

World Fluids requested the lifting of the suspension of its share listing on the Irish Stock Exchange yesterday afternoon, pending completion of the deal