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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Aga Rangemaster | LSE:AGA | London | Ordinary Share | GB00B2QMX606 | ORD 46 7/8P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 184.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:8088X AGA Foodservice Group PLC 02 February 2006 2nd February 2006 FOR IMMEDIATE RELEASE GERMAN COMBI OVEN MAKER ACQUIRED BY AGA Aga Foodservice has acquired the German based combi oven maker, Eloma, for Euros 10.5 million in cash from the German foodservice group, Gustatus. Eloma's turnover in 2005 was Euros 21 million and EBITA on a proforma basis was Euros 0.7 million. The warranted net assets at 31st December 2005 were over Euros 9.8 million. Eloma specialises in combi steaming ovens and has over 25% of the German market and 5% of the worldwide market which is dominated by the German group, Rational. Eloma also sells bakery ovens. Eloma's factory is in Dresden, eastern Germany and it has a sales office and research and development centre in Munich. It has over 150 employees primarily in Germany. Eloma is a well established business in central Europe, capable of adding Aga Foodservice products to its range and of providing combi ovens for Aga Foodservice's international operations notably in the UK and in the US. "A well known European and technically strong foodservice operation has been a target of ours for some time and we are delighted to have made Eloma, a business with great international potential, part of our Group. The move will boost our growing European foodservice operations." : William McGrath, Chief Executive Aga Foodservice Group plc. (-ENDS-) Enquiries: William McGrath, Chief Executive, Aga Foodservice Group plc - 0121 711 6015 Simon Sporborg/Nina Coad, Brunswick Group - 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange END ACQTTMRTMMJMMRF
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