1st Aug 2005 10:22
Meggitt PLC01 August 2005 FOR IMMEDIATE RELEASE 1 August 2005 MEGGITT PLC COMPLETION OF THE ACQUISITION OF AVERY-HARDOLL Meggitt PLC ("Meggitt"), the international aerospace, defence and electronicscompany, today announces the successful completion of its acquisition of theAvery-Hardoll business ("Avery-Hardoll") for £8 million in cash, subject to aworking capital adjustment. Avery-Hardoll, located in Blandford, Dorset, UK, provides a range of specialistproducts, including measurement products, couplings, control valves, fluidtransducers and filtration products. It has a strong brand image and is wellrespected for its quality and reliability in the aerospace ground refuellingmarket. Avery-Hardoll will form part of the Meggitt Aerospace Equipmentdivision, and will complement Whittaker Controls which produces fluid controls,valves and subsystems, ground fuelling equipment and quick disconnects. Contact: Meggitt PLC 01202 847 847 Terry Twigger, Group Chief Executive Stephen Young, Group Finance Director Buchanan Communications 020 7466 5000 Charles Ryland/Jeremy Garcia This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MGGT.L