Johnson Matthey PLC — M&A Activity 2015

Oct 1, 2015

National Storage Mechanism | Additional information

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RNS Number : 8336A

Johnson Matthey PLC

01 October 2015

For release at 7.00 am on Thursday 1st October 2015

Johnson Matthey completes sale of Research Chemicals (Alfa Aesar) business to Thermo Fisher Scientific Inc.

Johnson Matthey, a global leader in sustainable technologies, announces that on 30th September 2015 it completed the sale of its Alfa Aesar Research Chemicals business to Thermo Fisher Scientific Inc. for £256 million in cash.  This completes the transaction which was first announced on 25th June 2015. 

Commenting on the transaction, Robert MacLeod, Chief Executive of Johnson Matthey said: "The divestment of the Research Chemicals business is a further step in delivering our long term strategy to focus the group on growth areas where we can apply our expertise in complex chemistry to create long term value for our shareholders."

About Johnson Matthey

Johnson Matthey is a global speciality chemicals company underpinned by science, technology and its people.  A leader in sustainable technologies, many of the group's products enhance the quality of life of millions through their beneficial impact on the environment, human health and wellbeing.  The group focuses on clean air, clean energy and low carbon technologies and is an expert in the application and recycling of precious metals.  Johnson Matthey has operations in over 30 countries and employs around 13,000 people. Its products and services are sold across the world to a wide range of advanced technology industries.  For further information, please visit www.matthey.com.  

Enquiries: 

Sally Jones	Director, IR and Corporate Communications	+44 20 7269 8407
David Allchurch	Tulchan Communications	+44 20 7353 4200
www.matthey.com

This information is provided by RNS

The company news service from the London Stock Exchange

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