3rd Jul 2006 07:02
RPC Group PLC03 July 2006 3 July 2006 PRESS RELEASE RPC GROUP PLC RPC Group Plc acquires Crown Group's Risdon facilities RPC Group Plc ("RPC"), Europe's leading supplier of rigid plastics packaging,today announces that it has acquired two of Crown Group's Risdon facilities fora consideration of €5.7 million. The transaction is being financed from existingbank borrowing facilities. The Crown Group's Risdon facilities are located at Marolles near Le Mans innorthern France and at Mozzate near Varese in northern Italy. In 2005, salesfrom these operations were €45 million and EBITDA was €2 million. The acquisition will complement and strengthen RPC's existing activities in theBeauty and Personal Care markets by providing manufacturing facilities in Franceand Italy to add to those already existing in Germany and the UK. Ron Marsh, RPC Group Chief Executive commented: "This acquisition will propel RPC to a leading position in the Beauty andPersonal Care market. It is a market ideally suited to the application of RPC'sadvanced technology, and one in which RPC already has a successful and growingpresence." - Ends - For further information: RPC Group Plc 01933 410 064Ron Marsh, Chief ExecutiveChris Sworn, Finance Director Merlin Financial 020 7653 6620Michael Rummel 07879 890 405Tom Randell 0777 587 5847Angus Urquhart 07787 504 447 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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