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Byotrol buys out rest of Byotrol Consumer Products

Thu, 03rd Oct 2013 09:33

Byotrol, which develops anti-microbial hygiene technologies, has agreed to buy out the rest of Byotrol Consumer Products (BCP).The company will acquire all the remaining assets it does not already own in the joint venture with What If! Innovation Capital Nominees.Byotrol will pay a consideration through the issue of 33,740,000 new ordinary shares. The group expects the acquisition to bring revenue growth through further cross-selling opportunities and cost savings.Since the venture was established in 2007, it has brought in major clients in the consumer products market and given Byotrol access to global markets.For the year ended to end of March 2013, BCP achieved revenues of £858,000 and a profit before tax of £134,000. The transaction is expected to be completed on October 9th and BCP is anticipated to be immediately earnings enhancing for the group."The acquisition of BCP is an important strategic step for Byotrol in being able to fully develop market opportunities," said Chairman Ralph Kugler."The combination of the two companies will increase our sales opportunities in consumer and business markets at a lower overall cost. Byotrol is committed to building on BCP's achievements to maximise value for our shareholders."Shares in Byotrol were up 1.96% to 6.50p at 09:48 on Thursday.RD
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8 Feb 2013 08:31

Byotrol full year revenues to disappoint as deal is signed with M&S

Byotrol, a company which develops anti-microbial hygiene technologies, disappointed investors with the news that although revenue for the year ending March 31st 2013 will be above that of the previous year, it will be lower than previously anticipated. This was because sales of the group's UltraPr

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16 Aug 2012 16:29

Byotrol Chairman makes double purchase following 'landmark agreement'

Ralph Kugler, the non-Executive Chairman of Byotrol, an anti-micorbial hygiene firm, has made a double purchase of shares in the same week the company made the announcement of a 'landmark agreement' with Kimberly-Clark Corporation. 56-year-old Kugler purchased 150,000 shares on Wednesday at 7.5p e

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13 Aug 2012 13:18

Small caps round-up: Minera IRL, Environmental Recycling, Byotrol

Shares in Latin America-focused gold miner Minera IRL fell on Monday after the group announced that revenues and profits in the second quarter slipped year-on-year on the back of a decline in production due to anticipated lower grades. Gold sales of 6,889 ounces were ahead of management's expectat

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19 Jul 2012 12:07

Small caps round-up: Byotrol, sareum, KDD ...

Byotrol, an anti-microbial hygiene company, has continued to make progress and has maintained the momentum seen in the second half of last year into the current financial year. The balance sheet continues to remain strong and is well positioned to its objective of positive cash generation at the ear

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