Plant Health Care PLC
01 March 2007
1 March 2007
Acquisition from Eden Bioscience completed
Plant Health Care plc ('Plant Health Care' or 'the Group'), one of the leading
providers of natural products to the agriculture and landscaping industries,
announces that it has today completed the acquisition of the majority of assets
of NASDAQ listed, Eden Bioscience Corporation ('Eden'), announced on 4 December
2006. Completion follows the approval of the sale by Eden's shareholders on 26
February 2007 and all closing conditions have been satisfied accordingly.
John Brady, CEO of Plant Health Care said: 'We are very pleased that this
acquisition is now completed. It is an important milestone in the progress of
our strategy to build a significant agricultural division extending throughout
the US, into Mexico and across Europe.'
'The level of interest in the Harpin technology we are seeing makes us
increasingly confident that this will prove to be an important acquisition and
could significantly enhance Plant Health Care's business.'
For further information:
Plant Health Care plc
John Brady, CEO; phone: +1 603 525 3702
E-Mail: jabrady@planthealthcare.com
Tavistock Comunications
Jeremy Carey/Matt Ridsdale, phone: +44 20 7920 3150
E-Mail: jcarey@tavistock.co.uk, mridsdale@tavistock.co.uk
Notes to Editors:
About Plant Health Care:
Plant Health Care plc ('PHC') is a leading provider of natural products for
plants and soil. Established in 1995 in Pittsburgh (Pennsylvania) in the United
States, PHC currently has approximately 70 employees and has operations in the
US, Mexico, UK, Spain, and the Netherlands. The Company listed on the AIM market
of the London Stock Exchange in July 2004. Ticker symbol is PHC.
PHC's products are aimed at the landscape, agriculture and land reclamation
industries and are environmentally beneficial. Through the commercialization of
these products, PHC is capitalizing on current long-term trends toward natural
systems and biological products for plant care and soil and water management.
Further information is available at: www.planthealthcare.com
This information is provided by RNS
The company news service from the London Stock Exchange
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