Origin Enterprises Plc Acquisition of Greentech Ltd (2586R)

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RNS Number : 2586R

Origin Enterprises Plc

05 March 2021

Origin Enterprises acquires Greentech Ltd

UK's leading landscape, forestry and grounds maintenance equipment provider

5 March 2021

Origin Enterprises plc ('Origin' or the 'Group'), the international Agri-Services Group, is pleased to announce the acquisition of Greentech Limited ('Green-tech'), the UK's leading manufacturer and distributor of landscaping, forestry and grounds maintenance equipment. Green-tech is expected to enhance the offering of Origin's Amenity businesses and offers potential in the area of environmental land management and bio-diversity enhancement for the Group's agri-focused businesses.

Commenting on the announcement, Origin Chief Executive Officer, Sean Coyle, said:

"Green-tech is an excellent strategic fit for Origin and extends our Amenity offering in the UK in a segment we expect will grow further in the coming years. We are delighted to welcome the Green-tech team to the Origin Group".

ENDS

About Origin Enterprises plc

Origin Enterprises plc is a focused Agri-Services group providing specialist on-farm agronomy services, digital agricultural services and the supply of crop technologies and inputs. The Group has leading market positions in Ireland, the United Kingdom, Belgium, Brazil, Poland, Romania and Ukraine. Origin is listed on the Euronext Growth (Dublin) and AIM markets of the Irish and London Stock Exchanges.

   Euronext Growth (Dublin) ticker symbol:   OIZ 
   AIM ticker symbol:                                     OGN 
   Website:                                                      www.originenterprises.com 

About Greentech Limited

Greentech Limited operates a multi-product, multi-channel offering to circa 2,500 customers from its base in Harrogate, UK.

   Website:                                                      www.green-tech.co.uk 

Enquiries

 
Origin Enterprises plc 
TJ Kelly 
Chief Financial Officer                          Tel:   [phone] 
 
Brendan Corcoran 
Head of Investor Relations and Group 
 Planning                                        Tel:   [phone] 
 
            Goodbody (Euronext Growth (Dublin) 
             Adviser) 
            Finbarr Griffin                      Tel:   [phone] 
 
            Davy (Nominated Adviser) 
            Anthony Farrell                      Tel:   [phone] 
 
Numis Securities (Stockbroker) 
                                                        [phone] 
            Stuart Skinner                       Tel:    1314 
 
FTI Consulting (Financial Communications 
 Advisers) 
Jonathan Neilan / Patrick Berkery                Tel:   [phone] 
 

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March 05, 2021 02:00 ET (07:00 GMT)