Acquisition

RNS Number : 1254I

Filtrona plc

05 March 2010

 



5 March 2010

Filtrona plc

Acquisition of BP Labels

Acquisition of BP Labels

Filtrona plc ('Filtrona') announces completion of the acquisition of the entire issued share capital of BP Secure Solutions Limited and Summercombe 110 Limited, which together carry on the business of BP Labels.

BP Labels, based in Cardiff, UK, is a manufacturer of high quality, creative and secure self adhesive labels and is highly complementary with Filtrona's Coated & Security Products division, sharing a focus on providing consumer products companies with value added packaging and security solutions.

The consideration for the acquisition is up to a maximum of £4.5m, subject to customary adjustments, payable in cash to the family and employee shareholders of the acquired companies.   

Enquiries

Filtrona plc

Mark Harper, Chief Executive

Steve Crummett, Group Finance Director

Tel: [phone]

 

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