Completion of Acquisition

RNS Number : 2886Y

Chemring Group PLC

03 July 2008

 



FOR IMMEDIATE RELEASE                                                                                            3 JULY 2008

CHEMRING GROUP PLC COMPLETES ACQUISITION OF 

SCOT, INC.

Chemring Group PLC announces that it has successfully completed its acquisition of Scot, Inc. ('Scot'), having received the necessary regulatory approvals. The acquisition was first announced on 27 May 2008.

Scot, based in Downers Grove, Illinois, USA, is a leading manufacturer of cartridge-actuated and propellant-actuated devices (CAD/PADs) used in aircraft emergency systems and for aircrew egress. Scot also designs and manufactures actuators, valves and sequencers, separation nuts and bolts, and aircraft weapon ejector systems. 

For further information:

Dr David Price    Chief Executive, Chemring Group PLC    01489 881880

Paul Rayner        Finance Director, Chemring Group PLC   01489 881880

Rupert Pittman    Cardew Group                                         0207 930 0777

 

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