REG - Avon Rubber PLC - Approval of milkrite | InterPuls divestment

Avon TechnologiesAnnouncement

14/09/2020 07:05

RNS Number : 8234Y
  
Avon Rubber PLC
  
14 September 2020
  
 

14 September 2020
Avon Rubber p.l.c.
Approval for the divestment of milkrite | InterPuls
 
Further to the announcement on 2 July 2020, Avon Rubber is pleased to announce that the purchaser, DeLaval Holding BV, is now in receipt of the competition clearance approvals required to acquire milkrite | InterPuls. 
 
Following receipt of these approvals the divestment is expected to complete on 25 September 2020.
 
For further enquiries, please contact:
 



Avon Rubber p.l.c.








Paul McDonald, Chief Executive Officer


01225 896 848




Nick Keveth, Chief Financial Officer








Ryan Mahoney, Deputy Chief Financial Officer


















MHP Communications








Andrew Jaques


0203 128 8570




Charlie Barker








Pete Lambie
Ailsa Prestige







 
Legal Entity Identifier: 213800JM1AN62REBWA71
Note to editors: 
Avon Rubber is listed on the London Stock Exchange (LSE: AVON) and is a constituent of the FTSE 250 Index. 
Avon Rubber is an innovative technology group, which designs and produces specialist products and services to maximise the performance and capabilities of its customers. 
Avon Protection is a leading provider of life-critical personal protection systems with leading positions within the global respiratory and next generation ballistic protection markets for the world's militaries and first responders.
milkrite | InterPuls is a global leader providing complete milking point solutions to dairy farmers across the world with the aim of improving every farm it touches.
On 2 July 2020, Avon Rubber announced that it had signed an agreement to sell milkrite | InterPuls to DeLaval Holding BV for a cash consideration of £180 million on a cash and debt free basis. 
For further information, please visit our website: www.avon-rubber.com

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