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Completion of the Superfos Acquisition

18th Feb 2011 15:23

RNS Number : 5184B
RPC Group PLC
18 February 2011
 



THIS ANNOUNCEMENT (AND THE INFORMATION CONTAINED HEREIN) IS NOT FOR FORWARDING, RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

 

18 February 2011

 

 

RPC Group Plc

("RPC" or the "Company")

 

Completion of the Superfos Acquisition

 

RPC, the European supplier of rigid plastic packaging for the food and non-food, consumer and industrial markets, is pleased to announce the completion of the acquisition of Superfos Industries a/s ("Superfos"), details of which were announced on 16 December 2010.

 

RPC and Superfos are both among the leading European players in the rigid plastic packaging market and the Directors believe the Acquisition represents an excellent opportunity to strengthen RPC's capability and competitiveness in the open top filled injection moulded plastic packaging market, benefit from an enhanced product and technology range, increase its customer base and geographic coverage, generate efficiency savings, enhance its purchasing position and gain access to higher growth markets.

 

Ron Marsh, RPC's Chief Executive, said:

"We are delighted to have completed the acquisition of Superfos and look forward to welcoming Superfos' employees into the RPC Group"

 

Terms used in this Announcement shall have the same meanings as set out in the Prospectus dated 16 December 2010.

 

For further information, please contact:

 

RPC Group Plc:

Ron Marsh, Chief Executive

Pim Vervaat, Finance Director

 

+44 (0)1933 410 064

Rothschild (Financial Adviser and Joint Sponsor): Crispin Wright

Charles Montgomerie

 

+44 (0)207 280 5000

J.P. Morgan Cazenove (Joint Sponsor and Underwriter):

Edmund Byers

Niklas Kloepfer

 

+44 (0)207 588 2828

Panmure Gordon (Joint Sponsor and Underwriter):

Andrew Godber

Giles Stewart

 

+44 (0)207 459 3600

Kreab Gavin Anderson (Financial PR):

Robert Speed

James Benjamin

+44 (0)207 074 1800

 

END

 

This announcement is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. Securities referred to herein (including by reference) have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ''Securities Act''), or under the securities legislation of any state or territory or jurisdiction of the United States and may not be offered, sold, taken up, exercised, resold, renounced, transferred or delivered, directly or indirectly, in or into the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any relevant state securities laws. There will be no public offer of securities mentioned herein (including by reference) in the United States.

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