Acquisition

RNS Number:5965W
Straight PLC
09 January 2006


9 JANUARY 2006


                                  Straight plc

                         ("Straight" or the "Company")





Straight, the supplier of recycling containers and environmental container
solutions announces the acquisition of the assets and trade of Cloudburst garden
products.



These have been purchased from Titan Environmental Limited, part of Kingspan
Group plc for #150,000, payable in cash. Unaudited profits attributable to the
business for the year to October 2005 were approximately #150,000. This business
supplies a number of rainwater containers and home composters as well as
associated accessories. These complement Straight's core business which supplies
local authority and water company customers. In addition the Cloudburst range is
well established in both retail and export markets, both of which Straight is
keen to develop further.



Chief Executive of Straight, Jonathan Straight, said "We are delighted to add
this well established business to our portfolio. Through it we have established
routes into areas of the retail trade in which we have not previously been
active and now have further products to add to our core range. In addition, a
network of overseas distributors will help us to meet one of our key goals of
increasing exports. These new customers will also be interested in products from
our existing range and will assist us in building a strong retail and export
environmental garden products business from an established starting point".




Contacts:

Straight plc
James Newman / Jonathan Straight                          0113 245 2244

Simon Mountford Communications
Simon Mountford                                           01347 844844

Panmure Gordon & Co
Matthew Robinson / Katherine Roe                          020 7459 3600




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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