Lambert Howarth - Acquisition of Interest
December 21 1999 - 10:09AM
UK Regulatory
RNS Number:8936C
Lambert Howarth Group PLC
21 December 1999
Lambert Howarth Group p.l.c.
FISHER FORWARD PLC JOINT VENTURE
Lambert Howarth Group p.l.c. (the "Company") announces the
acquisition of the outstanding fifty per cent. holding in
the Company's joint venture, Fisher Forward Plc, for a
consideration of #1.1m in cash.
This acquisition follows on from the acquisition of Fast
Forward Holdings Limited ("Fast Forward") completed in
November. Fisher Forward Plc was a joint venture
established by Fast Forward in April 1997 in conjunction
with the management of Nancy Fisher Plc principally to
supply handbags to Marks and Spencer p.l.c.
END
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