Brulines (Holdings) PLC
04 January 2008
Press Release 4th January 2008
Brulines (Holdings) plc
('Brulines' or 'the Group')
Merger Completion
Brulines (Holdings) plc (AIM:BRU), the leading provider of draught alcoholic
drinks volume, quality and profit protection systems for the UK licensed
on-trade, confirms that it has completed, today, the acquisition of Nucleus Data
Holdings Limited ('Nucleus').
James Dickson, Chief Executive of Brulines, comments: 'The OFT decision not to
refer the proposed merger to the Competition Commission, and lack of challenge
during the subsequent appeal period, validates our long-held vision that the
combined Group will be even better placed to support the UK licensed on-trade in
raising quality standards and productivity'.
'Today's completion is an important development in the Group's growth plans as
it enables us to turn our vision into reality, not only for our combined user
base in more than 21,500 installations across UK pubs, clubs and bars, but also
for potential customers in the broader leisure sector. This landmark merger
provides the strongest possible start to 2008, allowing us to further enhance
product development, continue to strengthen the senior team and accelerate our
entry into new markets'
- Ends -
Enquiries:
Brulines (Holdings) plc
James Dickson, Chief Executive
Mark Foster, Finance Director Tel: +44 (0) 1642 358 800
james.dickson@brulines.com www.brulines.com
Media enquiries:
Abchurch
Justin Heath / Louise Thornhill Tel: +44 (0) 113 203 1340
justin.heath@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
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