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Completion of acquisition

30 Sep 2011 15:33

RNS Number : 3404P
Brammer PLC
30 September 2011
 



FROM HUDSON SANDLER FOR

BRAMMER

 

PRESS RELEASE

 

 

30 September 2011

 

 

Brammer plc ("Brammer" or the "Company")

 

Completion of Acquisition of Buck & Hickman

 

 

Brammer, the leading pan-European added value technical distributor, is pleased to announce that it has completed the acquisition of the business and assets of Buck & Hickman from Travis Perkins plc for a total cash consideration of £27.6 million, on a debt-free, cash-free basis. The acquisition was originally announced by the Company on 2 September 2011 (RNS No. 5603N).

 

Buck & Hickman is a leading UK distributor of industrial products, operating predominantly in the Tools and General Maintenance MRO market.

 

 

 

Enquiries:

Brammer plc

+44 (0) 161 902 5572

David Dunn, Chairman

Ian R Fraser, Chief Executive

Paul Thwaite, Group Finance Director

Issued:

Hudson Sandler

 

+ 44 (0) 20 7796 4133

 

 

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