Total Produce invests in Irish logistics business (6845C)
May 03 2012 - 7:50AM
UK Regulatory
TIDMTOT
RNS Number : 6845C
Total Produce Plc
03 May 2012
Total Produce plc
Stock Exchange Announcement
Total Produce plc invests in Irish logistics business
Total Produce announces that it has become a 50% shareholder in
a newly-formed company which has completed the acquisition of the
trade and certain assets of Flancare (Clonmel) Distribution Limited
from the provisional liquidator, Mr Declan McDonald of PwC.
The new company is operating from the substantial purpose-built
premises previously occupied by Flancare using a modern fleet of
vehicles and sophisticated computer and handling systems.
We expect that this transaction will secure employment for 200
people as well as ensuring the continued provision of high levels
of service to customers.
3 May 2012
For further information, please contact:
Brian Bell, Wilson Hartnell PR
Tel: +353-1-669 0030
Ivan Murphy, Davy Corporate Finance
Tel: +353-1-679 6363
This information is provided by RNS
The company news service from the London Stock Exchange
END
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