Acquisition(s)
September 09 2002 - 8:36AM
UK Regulatory
9th September 2002
FOR IMMEDIATE RELEASE
AGA EXPANDS FACILITIES MANAGEMENT OPERATION
Aga announced today the acquisition of H C Troldahl from the administrators.
The cash consideration was �2.3m of which �0.9m was for fixed assets and the
balance for working capital. H C Troldahl is a well established provider of
service and installation work for the refrigeration and air conditioning
market. It operates from a purpose built 22,000 sq. ft warehouse and office
facility in Newcastle. The turnover for the year ended December 2001 was �8.3m.
In addition to its 60 experienced engineers it brings a well established design
and facilities management team. Troldahl will become part of our expanding
Serviceline operation and greatly enhances its geographic coverage.
Stephen Rennie, chief operating officer said today, "Troldahl is a well known
and established business with excellent people and facilities. The additional
engineers take our UK service team including Mono and Millers to over 300, the
largest in the industry."
[-ENDS-]
Enquiries:
William McGrath, Chief Executive, Aga Foodservice Group plc - 0121 742 2366
Jonathan Glass, Brunswick Group - 020 7 404 5959
END
AGA Rangemaster (LSE:AGA)
Historical Stock Chart
From Sep 2024 to Oct 2024
AGA Rangemaster (LSE:AGA)
Historical Stock Chart
From Oct 2023 to Oct 2024
Real-Time news about Aga Rangemaster (London Stock Exchange): 0 recent articles
More Aga Foodservice Grp News Articles