Acquisition

Johnson Service Group PLC 15 April 2004 15 April 2004 Johnson Service Group PLC Acquires HSS Event Hire Johnson Service Group PLC today announces the acquisition, through its subsidiary Johnson Hospitality Services Ltd, of the business and certain assets of HSS Event Hire, a division of the HSS Group, strengthening its position as the number one hospitality equipment and related furniture hire company in the UK. The consideration is £1.5m payable in cash on completion. The existing operational management will remain with the business and, in time, it will be integrated under the brand of 'Johnson Hospitality Services'. The enlarged Johnson Hospitality Services is now clearly the UK's largest hospitality hire company, able to fulfil customer requirements nationally. As a result of the acquisition, Johnson Hospitality Services now has operations in London, Crawley, Birmingham, Bristol, Manchester, Malpas, Liverpool, Leeds and Glasgow. In addition to the expanded geographic coverage, the acquisition has extended Johnson Hospitality Services' product offering to include such items as specialised marquees and moveable roadways thereby creating a more flexible and bespoke service for customers. Johnson Group CEO, Stuart Graham, said: 'The acquisition of HSS Event Hire reinforces our position as the UK's leading supplier to the hospitality event hire market. The combined activities of Johnson Stalbridge Linen Services and the enlarged Johnson Hospitality Services signal our determination to enhance continually the range of services offered to our customers. HSS has traditionally been more active in regional events, which by their nature are less seasonal and highly complementary to realising efficiencies within our fast growing hospitality activities. Additionally, the acquisition will greatly expand the customer base of Johnson Hospitality Services.' Johnson Hospitality Services Managing Director, Rupert Higgin, commented: 'We are committed to growing our business and this acquisition will consolidate our position as the number one event hire company.' For further information about Johnson Hospitality Services log onto www.j-hs.co.uk -ENDS- Notes to editors - The Johnson Service Group Johnson Hospitality Services provides the catering and events industries with one of the largest selections of quality catering, hospitality furniture and equipment for hire. From small intimate gatherings through to major sporting events catering for 30,000 people or more, Johnson Hospitality Services Ltd is able to supply a very wide range of equipment nationwide. The range of products supplied includes; china, cutlery, linen, cooking and refrigeration equipment, barbecues, as well as banqueting, garden and office furniture, specialised marquees and moveable roadways. Johnsons Apparelmaster is Britain's market leader in workwear rental and CCM is a manufacturer and sourcer of workwear garments and related apparel. Stalbridge Linen is the UK market leading linen supplier to the leisure, professional catering and corporate hospitality sector. Johnson Workplace Management is a leading provider of a wide range of facilities management services and solutions. Alex Reid is the UK's leading sales and distribution business to the clothes care market. Johnsons Cleaners is Britain's leading drycleaner with over 520 shops. For further information, please contact: Hudson Sandler Johnson Service Group PLC Sandrine Boussard / James Benjamin Stuart Graham, CEO Telephone: 020 7796 4133 Mike Sutton, CFO Telephone: 0151 933 6161 Website: johnsonplc.com This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings