Hydrodec Group plc (AIM:HYR) is looking for acquisitions. Hydrodec is looking to raise minimum £10.0 million via a placing of New Ordinary Shares with institutional investors through an accelerated bookbuild, subject to, inter alia, Shareholder approval. As previously announced, the Board has been considering a number of strategic options for the Group which have included potential acquisitions, disposals, investments and capital raisings.