Mobile data systems company Belgravium Technologies is set to widen its product range and expand its client base through an acquisition.

The Bradford business has exchanged a conditional contract to buy Sussex-based Feedback Data for £600,000 in cash in a deal expected to complete by the end of the month, subject to approval by the Feedback group’s shareholders.

The deal will enable Belgravium, which makes mobile scanning equipment and hand-held sales terminals for the logistics, transportation and mobile retailing sectors, to move into new markets.

The company, based at Listerhills Science Park, is also looking to extend its geographical reach through future acquisitions.

Feedback Data, which has 12 staff and a turnover of nearly £2 million, is a subsidiary of AIM-listed Feedback plc.

The firm specialises in technology and systems for workplace management and security, including access controls and a modern equivalent of clocking on and off using a fingerprint scanning device.

Its clients include Harrods and industrial services group Mitie and its products are also used in sectors including logistics, manufacturing, healthcare and leisure.

John Kembery, Belgravium chairman, said: “We are delighted to have agreed terms to acquire FDP. FDP operates in sectors that are new and exciting to Belgravium and the acquisition will enable FDP and Belgravium to share and utilise their respective hardware and software capabilities.

“Belgravium brings a strong technical base to FDP’s existing business and product ranges. We believe that with the additional resource and investment that we can provide, FDP will soon be restored to a position of profitable growth.”

FDP also provides installation, maintenance and support services annually to a large number of customers. Its systems sit behind thousands of workers capturing millions of actions using wired, wireless and cloud networks.

The audited accounts for FDP for the year ended May 2012 show a turnover of £1.925 million and a pre-tax loss and group management charge of £54,000.

Mr Kembery added: “Belgravium and Feedback are in the business of data capture and share some common technologies. But we are excited about this acquisition as it will enable Belgravium to operate in new markets and extend our range of technology.”

After paying off debts, which reduced Belgravium’s profits in 2012, the directors said they would be seeking acquisitions to boost sales volumes, Mr Kembery confirmed that future deals were on the cards.