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Acquisition Completion

13 Jan 2009 07:00

RNS Number : 5060L
Diploma PLC
13 January 2009
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Β 12 CHARTERHOUSE SQUARE,Β LONDONΒ EC1M 6AX

Β TELEPHONE: +44 (0)20 7549 5700

Β FACSIMILE: +44 (0)20Β 7549 5715

FOR IMMEDIATE RELEASE

Β 13Β JanuaryΒ 2009

RT/DYGERT INTERNATIONAL INCΒ - COMPLETION

Further to the announcement made on 23 December 2008,Β Diploma PLCΒ is pleased to confirm that onΒ Monday,Β 12Β January 2009, it completed the acquisition of the assets and business of RT/Dygert International Inc, following the satisfaction of certain administrative conditions.

For further enquiries please contact:

Bruce Thompson, ChiefΒ Executive Officer 020 7549 5700

Nigel Lingwood, Group Finance Director Β 020 7549 5705

NOTE TO EDITORS:

Diploma PLCΒ is an international group of businesses supplying specialised technical products and services to the Life Sciences, Seals and Controls industries.

Diploma 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.

The Group employs ca. 1,000 employees and its principal operating businesses are located in theΒ UK,Β Germany, US andΒ Canada.

Over 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. Β£140m.

This information is provided by RNS
The company news service from the London Stock Exchange
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