SNR Senior Plc

RNS No 7971b
SENIOR ENGINEERING GROUP PLC
11th June 1998


   Senior Acquires Outright Control of Indian Joint Venture
 
Senior  Engineering Group plc is pleased to announce  that  it
has  conditionally agreed to acquire the outstanding  minority
shares  in  its joint venture with Inalsa Ltd.,  a  New  Delhi
based  industrial  group.  Senior has agreed  to  acquire  the
remaining  45 percent equity share capital of Inalsa Flexonics
Ltd.  for  a  total  consideration of approximately  #650,000,
subject  to regulatory approval, bringing its total  share  to
100 percent.  The business will initially continue to trade as
Inalsa Flexonics.
 
Inalsa  Flexonics Ltd. manufactures a range of flexible  metal
hoses, hose assemblies, bellows and expansion joints, together
with rubber and PTFE hose assemblies.  The products are widely
and  increasingly used by the automotive, industrial, chemical
and process industries in India.
 
Commenting  on  the agreement, Andrew Parrish, Senior's  Group
Chief  Executive said: "Inalsa Flexonics continues  to  be  an
excellent  platform  within the Indian sub-continent  for  our
fast growing Flexonics Division, both in strategic and product
terms.   We intend to accelerate Inalsa Flexonics' development
and undertake significant additional investment later in 1998.
Our  regional  manufacturing base in India  is  providing  the
Group  with attractive opportunities to develop sales in other
Asian markets."
 
For further information, please contact:
 
Senior  Engineering Group plc                       01923 775547
Andrew Parrish, Group Chief Executive
Glenn Timms, Director - Corporate Development
 
Senior Flexonics
Nick Turnbull, Divisional Director - Flexonics Europe & Asia
 
Ludgate  Communications                             0171 253 2252
Tim Davis
 
Notes to Editors
 
Senior  Engineering  Group  plc  ("Senior")  is  a  specialist
international  engineering group with a market  capitalisation
of  approximately  #725  million.  It is  organised  into  two
principal  divisions  -  Flexonics and Engineered  Products  &
Services.  The Flexonics Division, which provides more than 90
percent  of the Group's operating profits, is a world  leading
design  and manufacturing business specialising in thin-walled
metallic   flexible   tubing  and   bellows,   servicing   the
Automotive,   Aerospace  (including  Space)   and   Industrial
Markets.   In  the year ended 31 December 1997, the  Flexonics
Division  had  total sales of approximately #330  million  and
operating profits of approximately #39 million.
 
Senior  has  already  announced  four  acquisitions  for   its
Flextonics   Division  in  1998,  in  Brazil,   Denmark,   the
Netherlands  and the USA, as well as three for its  Engineered
Products & Services Division, in Spain and the UK.
 
 
END

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