PHC.L Regulatory News (PHC)

1 Mar 2007 07:04

Plant Health Care PLC01 March 2007 1 March 2007 Acquisition from Eden Bioscience completed Plant Health Care plc ("Plant Health Care" or "the Group"), one of the leadingproviders of natural products to the agriculture and landscaping industries,announces that it has today completed the acquisition of the majority of assetsof NASDAQ listed, Eden Bioscience Corporation ("Eden"), announced on 4 December2006. Completion follows the approval of the sale by Eden's shareholders on 26February 2007 and all closing conditions have been satisfied accordingly. John Brady, CEO of Plant Health Care said: "We are very pleased that thisacquisition is now completed. It is an important milestone in the progress ofour strategy to build a significant agricultural division extending throughoutthe US, into Mexico and across Europe." "The level of interest in the Harpin technology we are seeing makes usincreasingly confident that this will prove to be an important acquisition and could significantly enhance Plant Health Care's business." For further information:Plant Health Care plcJohn Brady, CEO; phone: +1 603 525 3702E-Mail: jabrady@planthealthcare.com Tavistock ComunicationsJeremy Carey/Matt Ridsdale, phone: +44 20 7920 3150E-Mail: jcarey@tavistock.co.uk, mridsdale@tavistock.co.uk Notes to Editors: About Plant Health Care: Plant Health Care plc ("PHC") is a leading provider of natural products forplants and soil. Established in 1995 in Pittsburgh (Pennsylvania) in the UnitedStates, PHC currently has approximately 70 employees and has operations in theUS, Mexico, UK, Spain, and the Netherlands. The Company listed on the AIM marketof the London Stock Exchange in July 2004. Ticker symbol is PHC. PHC's products are aimed at the landscape, agriculture and land reclamationindustries and are environmentally beneficial. Through the commercialization ofthese products, PHC is capitalizing on current long-term trends toward naturalsystems and biological products for plant care and soil and water management.Further information is available at: www.planthealthcare.com This information is provided by RNS The company news service from the London Stock Exchange