Last checked at 2 Jun 2014 16:15
2 June 2014
Acal plc
Completion of Transaction
Acal plc (LSE : ACL or "Acal" or the "Group"), a leading European specialist electronics supplier, is pleased to announce that, following shareholder approval of the disposal of Acal Enterprise Solutions Limited (the "Enterprise Business") to a company in which the management of the Enterprise Business is participating, all conditions have been satisfied and the transaction has now been completed.
For further information please contact:
Acal Plc | 01483 544500 |
Nick Jefferies- Group Chief Executive | |
Simon Gibbins- Group Finance Director
| |
Instinctif Partners | |
Mark Garraway | 0207 457 2020 |
Helen Tarbet |
Notes to Editors:
About Acal plc
Acal is a European leader in specialist electronics, designing, manufacturing and distributing specialist electronic, photonic and medical products for the industrial and healthcare sectors. It is the only such provider with an infrastructure to deliver a broad range of specialist products and bespoke solutions across Europe. The Electronics division has completed seven acquisitions in the last four years, more than trebling its specialist revenues. Acal's strategy is to further enhance its leadership position through organic growth, complementary acquisitions and continued enhancement of its custom service capabilities. The division has operating companies across Europe including the UK, Germany, France, Benelux, Italy, Poland, Spain and the Nordic region as well as in Asia (China and South Korea) and Africa (South Africa). Businesses comprise Acal BFi, Hectronic, MTC, Myrra Group, RSG, Stortech and Vertec.