ESR Ensor Hldgs

RNS Number:5188K
Ensor Holdings PLC
04 April 2005


ENSOR HOLDINGS PLC
ACQUISITION


Ensor Holdings PLC ("Ensor") announces that on 1 April 2005 it completed the
acquisition of the business and certain assets of Wood's Packaging, a
distributor of packaging materials.


The purchase consideration is payable in cash and comprises #750,000 for
goodwill plus #13,000 being the written down value of fixed assets, both payable
on completion, plus stock at book value which is expected to be approximately
#50,000 and will be payable upon agreement of the valuation.


Proforma pre-tax profits of the business are assessed to be around #300,000 per     
annum.


One of the vendors will be retained by Ensor to continue to manage the business.
However, no additional directors will be appointed to the board of Ensor as a
result of this acquisition.


The acquisition is in line with Ensor's strategy to focus its activities on
distribution businesses and to make suitable acquisitions when appropriate
opportunities arise.


Ensor Holdings PLC                                      0161 945 5953
Marcus Chadwick, Finance Director


Westhouse Securities LLP                                0161 838 9140
Tim Feather
David Simmons




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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