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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Berendsen | LSE:BRSN | London | Ordinary Share | GB00B0F99717 | ORD 30P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,268.00 | 1,267.00 | 1,268.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMBRSN
RNS Number : 4000R
Berendsen PLC
09 December 2016
This announcement contains inside information
9 December 2016
Berendsen plc
Statement re: CMA Investigation
Berendsen, Europe's leading textile service business, announces that its UK Cleanroom business is the subject of an investigation by the Competition and Markets Authority (CMA) under the Competition Act 1998. The UK Cleanroom business had turnover of approximately GBP7 million in 2015, representing less than 1% of the Group's revenue.
The investigation relates to a joint venture to which a Berendsen subsidiary was a party, including in relation to agreements entered into by the joint venture in May 2012. The subsidiary was acquired by Berendsen in September 2014. The joint venture and the agreements were terminated in February 2016. The investigation involves only the UK Cleanroom business; no other Berendsen business lines and/or geographies are included in this investigation.
Berendsen is co-operating fully with the CMA and will update the market on the development of the investigation as appropriate.
ENDS
For further information contact:
Berendsen
Peter Young - Director of Investor Relations
Email: young@berendsen.eu
Tel: +44 (0)7825 297 198
FTI Consulting
Richard Mountain
Telephone: +44 (0)20 3727 1374
Notes to editors:
Berendsen is Europe's leading textile service business, developing and delivering value-added textile, hygiene and safety solutions to 150,000 customers in 16 countries across Europe. Berendsen operates with 4 business lines in the Workwear, Facility, Hospitality and Healthcare markets. Berendsen has over 100 years of experience in the industry and today employs over 15,000 employees.
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRLIFSSFSLAIIR
(END) Dow Jones Newswires
December 09, 2016 02:00 ET (07:00 GMT)
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