Completion of Acquisition
January 05 2001 - 2:00AM
UK Regulatory
RNS Number:7460W
Deltron Electronics PLC
5 January 2001
FOR IMMEDIATE RELEASE 05 JANUARY 2001
DELTRON ELECTRONICS plc
COMPLETION OF ACQUISITION OF THE SENSORTECH BUSINESS
FOR APPROXIMATELY #1.49 MILLION
Deltron Electronics plc ("Deltron"), the specialist pan-European distributor
of electromechanical components and solutions, announces the completion of its
acquisition of the sensors business and assets of Sensortech ('the sensortech
business').
Sensortech, based in Denmark, is a specialist distributor of sensor
components, which are not currently within the Group's product portfolio. The
acquisition of the Sensortech Business will add to the Group's product
offering, whilst further strengthening the Company's distribution platform
throughout Europe.
The acquisition was approved at an Extraordinary General Meeting of the
Company, held on 15th December 2000.
For further information, please contact:
Christopher Sawyer, Edward Tozer Tel: 01638 561156
Deltron Electronics plc
Tim Anderson/Edward Cowdery Tel: 020 7466 5000
Buchanan Communications
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