1st Dec 2017 07:00
RNS Number : 1033Y
DFS Furniture plc
01 December 2017
1 December 2017
DFS Furniture plc ("DFS" or the "Group")
Acquisition of Sofology
Further to the announcements on 3 August 2017 and 20 November 2017, DFS confirms the legal completion of the acquisition of Sofology Limited ("Sofology") for an initial debt-free, cash-free enterprise value of £25m. Any further consideration payable, as referred to in the announcement on 3 August 2017, will be calculated based upon the 12 months ending 30 September 2018.
DFS (enquiries via FTI) | FTI Consulting |
Ian Filby (CEO) | Jonathon Brill |
Nicola Bancroft (CFO) | Georgina Goodhew |
Mike Schmidt (Director of Corporate Finance) | Eleanor Purdon |
| +44 (0) 20 3727 1000 |
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