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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Carter&Cart | LSE:CART | London | Ordinary Share | GB00B05K7697 | ORD 4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 82.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9799C Carter & Carter Group PLC 30 August 2007 Immediate Release 30 August 2007 Carter & Carter Group plc ('Carter & Carter' or 'the Group') TENDER WIN AND ACQUISITION ANNOUNCEMENT Carter & Carter, the leading provider of learning solutions and outsource support services, is pleased to announce the acquisition of the Blackwater House training operation in Northern Ireland for cash consideration of #980,000. This business will support a recent tender win in the region and enable the Group to tender for further contracts in Northern Ireland going forward. The Group was recently awarded its first significant contract from the Department for Education & Learning in Northern Ireland to deliver apprenticeship training which the Group expects to generate revenues of around #5million in the first three years. The Group has acquired the Blackwater House training operation from Component Distributors Limited, a Northern Irish company specialising in sales, distribution and marketing of automotive aftermarket related products. Blackwater House is one of Northern Ireland's leading vocational training providers, specialising in the automotive retail sector. Rodney Westhead, Non-Executive Chairman and Interim Chief Executive, commented: "We are delighted to have made this acquisition which provides Carter & Carter with a footprint in Northern Ireland from which to grow in the region. This important contract win, together with our recent success in the Learning & Skills Council tender rounds, clearly demonstrates the organic growth opportunities in the work based learning sector." ENDS Contacts Carter & Carter Group plc Rodney Westhead Chairman and Interim CEO 0115 945 7226 John Green Finance Director Buchanan Communications Suzanne Brocks 0207 466 5000 This information is provided by RNS The company news service from the London Stock Exchange END MSCSELEFUSWSESA
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