Xeros Technology Group plc Acquisition Completion (6942K)
July 11 2017 - 2:38AM
UK Regulatory
TIDMXSG
RNS Number : 6942K
Xeros Technology Group plc
11 July 2017
11 July 2017
Xeros Technology Group plc
Xeros completes acquisition of US PPE cleaning business
Further to the announcement on 3 July 2017, Xeros Technology
Group plc (AIM: XSG, 'Xeros'), the developer and provider of
polymer based technologies with multiple commercial applications,
has today completed the acquisition of MarKen PPE Restoration
('Marken'). The acquisition of Marken, which delivers personal
protection equipment, cleaning, inspection and repair services,
provides Xeros a platform from which to accelerate its penetration
of the US high-performance workwear market.
Enquiries:
Xeros Technology Group plc Tel: 0114 321
Mark Nichols, Chief Executive 6328
Officer
Paul Denney, Chief Financial Officer
Jefferies International Limited Tel: 020 7029
(Nominated Adviser and Joint Broker) 8000
Simon Hardy / Harry Nicholas
Berenberg (Joint Broker) Tel: 020 3207
Chris Bowman / Ben Wright / Amritha 7800
Murali
Instinctif Partners (Financial Tel: 020 7457
PR) 2020
Adrian Duffield / Helen Tarbet
/ James Gray
Notes to Editors
Xeros Technology Group plc (LN: XSG) is a platform technology
company that is reinventing water intensive industrial and
commercial processes by reducing water and chemistry usage with its
polymer technologies. Its patented technologies have the capacity
to provide material economic, operational and sustainability
improvements that are unattainable with traditional processes. The
Group is currently exploiting its intellectual property in three
areas: Cleaning Technologies, Tanning Technologies and Textile
Technologies. Xeros has a number of agreements in place with such
international organisations as BASF, Hilton and Wollsdorf
Leder.
For more information, please visit -
http://www.xerostech.com/
This information is provided by RNS
The company news service from the London Stock Exchange
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July 11, 2017 03:38 ET (07:38 GMT)
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