19th May 2005 07:00
Wilmington Group Plc19 May 2005 19 May 2005 WILMINGTON GROUP PLC Acquisition of Quorum Training Group Wilmington Group plc ("Wilmington" or the "Group"), the professional informationand training group, is pleased to announce the acquisition of Quorum TrainingLimited ("Quorum"). The entire issued share capital of Quorum has been purchased for a considerationof £1.5 million which has been satisfied in cash. The three current Quorumdirectors will remain on the board of Quorum. Quorum is a well established business providing short course training programmesto finance departments, mainly in commerce and industry, in areas such astaxation, accounts and finance, internal audit and business law. The acquisition of Quorum will enhance the offering of Central Law Group, themain provider of post qualification training within the Group, and providesWilmington with a strategic entry into the financial training sector. - ends - For further information, please contact: Wilmington Group Plc 020 7422 6800Charles Brady, Chief ExecutiveBasil Brookes, Finance Director Weber Shandwick Square Mile 020 7067 0700Nick Oborne, Kirsty Raper or Yvonne Alexander Note to EditorsWilmington Group plc is one of the UK's leading providers of information andtraining for professional business markets. The Group provides training,arranges industry events and publishes magazines, directories, databases, andspecial reports focused primarily on its five principal sectors of Legal &Regulatory, Healthcare, Media and Entertainment, Drinks and Catering and Designand Construction. Capitalised at approximately £120 million, Wilmington floatedon the London Stock Exchange in 1995. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Wilmington