Disposal

Croda International PLC 19 January 2004 19 January 2004 Croda International Plc Sale of Fire Fighting Chemicals Business Continuing the strategy of focussing on its core Oleochemicals business, Croda International Plc announces the sale of its Fire Fighting Chemicals business to Kidde Plc for a cash consideration of £4.4m. The business, which employs 65 people is based in Kirkby in the UK and Amplepuis in France. The business had sales of £10.5m in the year to 31 December 2003 and the net assets disposed of amounted to £4.6m. The proceeds of the transaction will be used to reduce Group borrowings. For further information please contact:- B M Richmond, Finance Director Tel: 01405 860551 Charlie Armitstead, Financial Dynamics Tel: 0207 269 7182 This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings