Acquisition of Greentech Ltd

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:

+353 (0)1 563 4959

 

 

 

Brendan Corcoran

 

 

Head of Investor Relations and Group Planning

Tel:

+353 (0)1 563 4900

 

 

 

Goodbody (Euronext Growth (Dublin) Adviser)

 

 

Finbarr Griffin

Tel:

+353 (0)1 641 9278

 

 

 

Davy (Nominated Adviser)

 

 

Anthony Farrell

Tel:

+353 (0)1 614 9993

 

 

 

Numis Securities (Stockbroker)

 

 

Stuart Skinner

Tel:

+44 (0)20 7260 1314

 

 

 

FTI Consulting (Financial Communications Advisers)

 

 

Jonathan Neilan / Patrick Berkery

Tel:

+353 (0)1 765 0884

 

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