Disposal

RNS Number : 9439I

Johnson Matthey PLC

26 November 2008

 



For release at 7.05 am Wednesday 26th November 2008

Johnson Matthey Announces the Sale of Argillon's Insulators and Alumina Businesses

Johnson Matthey announces that it has today completed the sale of the non-core Ceramic Insulators and Alumina businesses in Germany, Poland and Romania that it acquired as part of the Argillon Group in February 2008, to Lapp Insulator GmbH & Co for €21 million in cash plus a €2 million vendor loan note.  

Enquiries:  

Ian Godwin	Director, IR and Corporate Communications	020 7269 8410
John Sheldrick	Group Finance Director	020 7269 8408
David Morgan	Executive Director, Group Corporate Development	020 7269 8454
Howard Lee	The HeadLand Consultancy	020 7367 5225

www.matthey.com  

 

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