M&A Activity • Dec 21, 2015
M&A Activity
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National Storage Mechanism | Additional information
RNS Number : 6556J
Billington Holdings PLC
21 December 2015
21st December 2015
Billington Holdings Plc
("The Company" or "Billington")
Completion of Acquisition.
Billington Holdings Plc, one of the UK's leading structural steel and construction safety solution specialists, today confirms, that further to the announcement dated 20 November 2015, it has now completed its acquisition of property, from Sabler Enterprises Limited located at Shafton, and equipment and other assets from Sherling Steel (UK) Limited for a combined consideration of £4.88m.
Commenting on the completion, Mark Smith, Chief Executive Officer of Billington, said "I am pleased the acquisition of the site at Shafton along with the insitu plant and machinery has been completed successfully. The facility enhances Billington's capacity and capabilities and we are now able to provide wide offering of steel processing services through Shafton Steel Services. It is an exciting period for the Company and presents significant opportunity to further develop the Group".
For further information please contact:
Billington Holdings Plc Tel: 01226 340666
Mark Smith, Chief Executive
Trevor Taylor, Finance Director
W H Ireland Limited Tel: 0161 819 8875
Katy Mitchell
Blytheweigh Tel: 020 7138 3204
Tim Blythe Mob: 07816 924626
Wendy Haowei Mob: 07595 908886
This information is provided by RNS
The company news service from the London Stock Exchange
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