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Acquisition of Ancora Solutions

2nd Jan 2015 07:00

RNS Number : 0914B
Restore PLC
02 January 2015
 

2 January 2015

 

Restore plc

 

Acquisition of Ancora Solutions

 

Restore plc ("Restore"), the UK office services provider, today announces that it has acquired the business and assets of Ancora Solutions ("Ancora"), a document management business, from IPPlus plc.

 

Ancora was purchased for a cash consideration of £500,000 on a cash-free, debt-free basis, funded from Restore's existing bank facilities.

 

 

For further information please contact:

 

Restore plc

Charles Skinner, Chief Executive

07966 234 075

Adam Councell, Group Finance Director

07860 402 434

Cenkos Securities

020 7397 8900

Nick Wells

FTI Consulting

Nick Hasell

020 3727 1340

 

 

END

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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