29th April 2004
LAWRENCE Plc
Lawrence completes Interpet sale
On 1 April 2004 Lawrence plc announced that it had exchanged
contracts to sell the business and assets of Interpet, its
pet products division to Central Garden & Pet Inc of
Lafayette, California. The parties also executed a letter of
intent for Central to acquire the business of Lawrence's US
subsidiary, Aquarium Products.
Lawrence is now pleased to announce that the Interpet
transaction has completed. It is anticipated that the
Aquarium Products transaction will complete shortly.
Peter Lawrence, Chairman of Lawrence plc, commented:
"This is excellent news and marks a further step in the
implementation of our strategy to focus on our global animal
health businesses."
Contacts:
Peter Lawrence
Chairman, Lawrence plc
020 8336 2900
Anthony Spiro
Spiro Financial
020 8949 0428
Philip Davies
Charles Stanley & Co
020 7953 2000
Lawrence plc is a leader in the development, manufacture and
distribution of principally specialist chemical and
pharmaceutical products for the animal health and farming
markets worldwide. Our products for these growth markets
incorporate natural ingredients to promote well being and
sustainability. We achieve our financial goals through the
careful and responsible application of science to generate
value for our shareholders.
Our corporate web site www.lawrenceplc.com includes our
press releases together with general information about the
company and its subsidiaries. Each subsidiary also has a web
site, which gives further information about that business
and its products.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.