Completion of Transaction

RNS Number : 6367I

Acal PLC

02 June 2014

 



2 June 2014

Acal plc

Completion of Transaction

Acal plc (LSE : ACL or "Acal" or the "Group"), a leading European specialist electronics supplier, is pleased to announce that, following shareholder approval of the disposal of Acal Enterprise Solutions Limited (the "Enterprise Business") to a company in which the management of the Enterprise Business is participating, all conditions have been satisfied and the transaction has now been completed.

For further information please contact:

Acal Plc	01483 544500
Nick Jefferies- Group Chief Executive
Simon Gibbins- Group Finance Director
Instinctif Partners
Mark Garraway	0207 457 2020
Helen Tarbet

Notes to Editors:

About Acal plc

Acal is a European leader in specialist electronics, designing, manufacturing and distributing specialist electronic, photonic and medical products for the industrial and healthcare sectors. It is the only such provider with an infrastructure to deliver a broad range of specialist products and bespoke solutions across Europe. The Electronics division has completed seven acquisitions in the last four years, more than trebling its specialist revenues. Acal's strategy is to further enhance its leadership position through organic growth, complementary acquisitions and continued enhancement of its custom service capabilities. The division has operating companies across Europe including the UK, Germany, France, Benelux, Italy, Poland, Spain and the Nordic region as well as in Asia (China and South Korea) and Africa (South Africa). Businesses comprise Acal BFi, Hectronic, MTC, Myrra Group, RSG, Stortech and Vertec.

 

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