Business
Acquisition Completion
Acquisition Completion.
About this update from Diploma Plc
[{"type":"text","content":"\n RNS Number : 5060L Diploma PLC 13 January 2009 \n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n<>\n\n\n 12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX\n TELEPHONE: +44 (0)20 7549 5700\n FACSIMILE: +44 (0)20 7549 5715\n\n\n\n\n\n\n\nFOR IMMEDIATE RELEASE\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n 13 January 2009\n\n\n\n\n\n\n\n\n\n\nRT/DYGERT INTERNATIONAL INC - COMPLETION\n\nFurther to the announcement made on 23 December 2008, Diploma PLC is pleased to confirm that on Monday, 12 January 2009, it completed the acquisition of the assets and business of RT/Dygert International Inc, following the satisfaction of certain administrative conditions.\n\n\n\n\nFor further enquiries please contact:\n\nBruce Thompson, Chief Executive Officer 020 7549 5700\nNigel Lingwood, Group Finance Director 020 7549 5705\n\n\n\n\n\n\nNOTE TO EDITORS:\n\n\nDiploma PLC is an international group of businesses supplying specialised technical products and services to the Life Sciences, Seals and Controls industries.\n\nDiploma achieves stable growth and attractive margins from its focus on supplying specialised technical products to markets which value high levels of customer service, technical support and value adding activities. A high proportion of revenues are generated from essential products and services funded by operating, rather than capital budgets.\n\nThe Group employs ca. 1,000 employees and its principal operating businesses are located in the UK, Germany, US and Canada.\n\nOver the last five years, the Group has grown adjusted earnings per share at an average of ca. 21% p.a. through a combination of organic growth and acquisitions. The current market capitalisation is ca. £140m.\n\n\n\n\n\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END ACQSFEFMESUSEIF \n ","length":5547,"tagName":"div"}]