Pursuit Dynamics wins contract

Fluid technology firm Pursuit Dynamics said yesterday that it had won a £400,000 contract to supply its PDX food system to one of Europe’s leading food producers, sending its shares up by more than seven per cent. The company said that revenue from the venture would be seen in stages over the next three months, with the contract demonstrating “the growing strength of PDX’s offering in the food and beverage sector”. Though the name of the client was not revealed, Pursuit said it was a returning customer.