ELTA.L Regulatory News (ELTA)

7 Jun 2007 12:23

Electra Private Equity PLC07 June 2007 Electra Private Equity PLC Acquisition of Kingfield Heath Holdings Limited, ISA Group Limited and Supplies Team Limited Electra Private Equity PLC is pleased to announce that it has led the buy out ofKingfield Heath Holdings Limited, ISA Group Limited and Supplies Team Limited. Kingfield Heath is a wholesale supplier of office products. It supplies a widerange of traditional stationery products, paper, envelopes, electronic officesupplies, business machines, furniture and other office products to officesupplies dealers and resellers throughout the UK. ISA Group has two main operating companies. ISA Trading Limited is a distributorfocusing on the supply of electronic office supplies and stationery to a widerange of customer groups including intermediaries, supermarket chains,convenience stores and the Post Office. Supplies Team Limited is a direct supplier of electronic office consumables andother office supplies to end-user customers who are typically large corporates,Government departments or Local Authorities. Funds under the management of Electra Partners LLP have provided £62.6 millionof institutional equity, of which Electra Private Equity PLC expects to retainan ongoing investment in the region of £42 million. This information is provided by RNS The company news service from the London Stock Exchange