Last checked at 14 Sep 2020 07:00
14 September 2020
Avon Rubber p.l.c.
Approval for the divestment of milkrite | InterPuls
Further to the announcement on 2 July 2020, Avon Rubber is pleased to announce that the purchaser, DeLaval Holding BV, is now in receipt of the competition clearance approvals required to acquire milkrite | InterPuls.
Following receipt of these approvals the divestment is expected to complete on 25 September 2020.
For further enquiries, please contact:
Avon Rubber p.l.c. | |
Paul McDonald, Chief Executive Officer | 01225 896 848 |
Nick Keveth, Chief Financial Officer | |
Ryan Mahoney, Deputy Chief Financial Officer | |
MHP Communications | |
Andrew Jaques | 0203 128 8570 |
Charlie Barker | |
Pete Lambie Ailsa Prestige |
Legal Entity Identifier: 213800JM1AN62REBWA71
Note to editors:
Avon Rubber is listed on the London Stock Exchange (LSE: AVON) and is a constituent of the FTSE 250 Index.
Avon Rubber is an innovative technology group, which designs and produces specialist products and services to maximise the performance and capabilities of its customers.
Avon Protection is a leading provider of life-critical personal protection systems with leading positions within the global respiratory and next generation ballistic protection markets for the world's militaries and first responders.
milkrite | InterPuls is a global leader providing complete milking point solutions to dairy farmers across the world with the aim of improving every farm it touches.
On 2 July 2020, Avon Rubber announced that it had signed an agreement to sell milkrite | InterPuls to DeLaval Holding BV for a cash consideration of £180 million on a cash and debt free basis.
For further information, please visit our website: www.avon-rubber.com