1st May 2007 07:02
600 Group PLC01 May 2007 1 May 2007 The 600 Group plc Acquisition The 600 Group plc is today pleased to announce the acquisition of the UK partsand service business of Toyoda Mitsui Europe for a cash consideration of£390,000 which is equal to the net asset value of its stock and certain fixedassets. 600 Centre, which is the UK machine tool sale and distribution arm of 600 Group,already has a distribution agreement with Toyoda Mitsui Europe for the sale oftheir machine tools. This purchase further strengthens the support that theGroup is able to give to its customers and will enable the Group to provide atotal support package for Toyoda Mitsui's machine tools. Andrew Dick, Group Chief Executive said: "This acquisition sits perfectly in ourstrategy of broadening our income streams and improving our after sales offeringto our customers" -END- Enquiries: The 600 Group PLCAndrew Dick, Group Chief ExecutiveMartyn Wakeman, Group Finance Director Telephone: 0113 277 6100 Hudson SandlerNick Lyon/Wendy Baker Telephone: 020 7796 4133 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SIXH.L