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30 Sep 2011 15:33
FROM HUDSON SANDLER FOR
BRAMMER
PRESS RELEASE
30 September 2011
Brammer plc ("Brammer" or the "Company")
Completion of Acquisition of Buck & Hickman
Brammer, the leading pan-European added value technical distributor, is pleased to announce that it has completed the acquisition of the business and assets of Buck & Hickman from Travis Perkins plc for a total cash consideration of £27.6 million, on a debt-free, cash-free basis. The acquisition was originally announced by the Company on 2 September 2011 (RNS No. 5603N).
Buck & Hickman is a leading UK distributor of industrial products, operating predominantly in the Tools and General Maintenance MRO market.
Enquiries: | Brammer plc | +44 (0) 161 902 5572 |
David Dunn, Chairman | ||
Ian R Fraser, Chief Executive | ||
Paul Thwaite, Group Finance Director | ||
Issued: | Hudson Sandler
| + 44 (0) 20 7796 4133
|
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