TIDMROR
RNS Number : 6819B
Rotork PLC
23 February 2011
ROTORK p.l.c.
Rotork the specialist international engineering group announces
it has signed a contract to acquire all the outstanding issued
share capital of Rotork Servo Controles de Mexico S.A. de C.V.
("RSCM") , its Mexican sales and service agent , that it does not
already own. Formal completion will take place following certain
share transfer formalities being finalised. Gross assets of RSCM
are approximately GBP1.6 million.
Rotork Group Chief Executive Peter France said:
"Our acquisition of all the outstanding equity of RSCM signals
our intention to invest in this business recognising the
significant opportunities for us in the region."
Enquiries: Peter France - 01225 733200
Jonathan Davis - 01225-733200
This information is provided by RNS
The company news service from the London Stock Exchange
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