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Acquisition

2 Oct 2018 07:00

RNS Number : 5953C
Scapa Group PLC
02 October 2018
 

 

2 October 2018

LEI No. 213800QIPVTK5ES5UU36

 

 

Scapa Group plc ("Scapa" or "the Group")

 

 

Completion of Acquisition of Systagenix Advanced Wound Dressing Facility in Gargrave

Entering a 5-year exclusive manufacturing and supply agreement

 

Further to the announcement made on 13 September 2018, Scapa Group plc (AIM: SCPA) is pleased to announce that its acquisition of the share capital of Systagenix Wound Management Manufacturing Limited completed on 1 October 2018. In addition, Scapa and Acelity have now entered into the exclusive five-year manufacturing and supply agreement for Systagenix advanced wound care products that are currently manufactured in the Gargrave facility, with immediate effect.

 

 

 

For further information:

 

Scapa Group plc

Heejae Chae - Group Chief Executive

Oskar Zahn - Chief Financial Officer

 

 

 0161 301 7430

Numis Securities Limited

(Nominated Adviser and Joint Broker)

Richard Thomas/Mark Lander

 020 7260 1000

 

 

 

Berenberg

(Joint Broker)

Chris Bowman

 

Weber Shandwick Financial PR

Nick Oborne

 

 020 3207 7800

 

 

 

020 7067 0000

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