Brammer PLC - Acquisition
May 25 1999 - 3:31AM
UK Regulatory
RNS No 7319r
BRAMMER PLC
24 MAY 1999
LIVINGSTON EXPANDS INTO SPAIN
Brammer, the European industrial services group, today announces that it has
acquired the assets of the commercial calibration division of Tektronix
Espana ("Tektronix"). Tektronix is a leading manufacturer of test and
measurement equipment.
Based in Madrid and consisting of eight employees, the division will become a
part of Brammer's subsidiary, Livingston, Europe's leading provider of total
electronic equipment management solutions.
Livingston has also won an outsourcing contract to be the Authorised Service
Provider of calibration and repair services to Tektronix and its customers in
Spain.
For the Livingston group, the acquisition and outsourcing contract provide an
opportunity to begin offering its services in the Spanish market, further
extending its pan-European reach.
David Hollywood, Chief Executive of Livingston Services, said
"This acquisition in Spain is another crucial step in the expansion of the
Livingston group towards our objective of providing our customers with a
truly pan-European service. We are confident that in Spain we can grow not
only the calibration business but also use the company as a vehicle to
develop our rental business in both test and measurement and computers."
Enquiries: Brammer plc 0161 928 3363
Ian Fraser, Chief Executive
David Hollywood, Livingston Services plc
Issued by: Citigate Dewe Rogerson 0171 638 9571
Martin Jackson/Duncan Murray
END
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