Acquisition
January 17 2001 - 2:00AM
UK Regulatory
RNS Number:3432X
Deltron Electronics PLC
17 January 2001
17 JANUARY 2001
DELTRON ELECTRONICS plc
COMPLETION OF THE ACQUISITION OF C&K, AUSTRIA
FOR APPROXIMATELY #0.65 MILLION
Deltron Electronics plc ("Deltron"), the specialist pan-European distributor
of electromechanical components and solutions, announces the completion of its
acquisition of C&K Austria GmbH ("C&K, Austria").
C&K, Austria, is a specialist supplier of electromechanical components. Its
product range has predominantly the same franchises as the rest of the Group,
making assimilation a simple process. Geographically, however, it is highly
significant as, whilst addressing the Austrian market, it also provides a
natural gateway to trade with the growing Eastern-European electronics market,
in such countries as Hungary, Czechoslovakia, and Poland.
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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