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Disposal

10th Jan 2011 17:03

RNS Number : 2175Z
BAE SYSTEMS PLC
10 January 2011
 



BAE Systems - Disposal of Swiss-Photonics AG

 10 January 2011

 

 

BAE Systems has sold its Swiss-Photonics AG group to Forensic Technology WAI Inc. for a cash consideration of approximately US$10.9 million, including cash held in the disposed business. The Swiss-Photonics group's Heerbrugg, Switzerland-based business generated sales in 2009 of $8.3 million and employs 36 people in the manufacture of forensic science products including optical components for inspection systems.

 

 

Issued by:

BAE Systems plc

London

 

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