Acquisition
09 Avril 2003 - 7:45PM
UK Regulatory
RNS Number:8539J
Creightons PLC
09 April 2003
Creightons plc
("Creightons", "the Company")
Acquisition of Plant and Equipment
Creightons is pleased to announce that it has purchased (through a wholly owned
subsidiary) manufacturing plant and equipment in connection with its recent
acquisition of the brands, goodwill and international intellectual property
rights of Nemesis Toiletries Limited (in Administration), announced on 7 March
2003. The consideration of #145,700 has been satisfied in cash.
Chairman William McIlroy says, "The plant and equipment we have acquired will
enable us to continue a manufacturing operation at the Peterborough site
formerly operated by Potter & Moore."
"This will enable the Company to build on the existing blue-chip customer base
of both Creightons and the recently acquired Potter & Moore brands. We hope this
will enable the Company to become a stronger presence in the Toiletries sector,"
he added.
This information is provided by RNS
The company news service from the London Stock Exchange
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