Completion of acquisition

RNS Number : 3505K

Origin Enterprises Plc

13 July 2011

 



                      13 July 2011

Origin Enterprises plc

Completion of acquisition

Origin Enterprises plc ('Origin' or 'the Group') announces that it has completed the acquisition of the fertiliser business of Carrs Milling Industries PLC ('Carrs Milling'), following the approval of the transaction by the shareholders of Carrs Milling at its General Meeting earlier today.

The fertiliser business, based in Scotland and the North of England, is a leading provider of branded specialist fertilisers together with integrated nutrient management systems servicing the arable, grassland, horticulture and forestry sectors.  The business, which services a complementary geographic footprint, markets an extensive range of technically based nutrition applications that strongly support Origin's existing position in the United Kingdom.

Further details of the transaction are set out in the Stock Exchange announcement dated 20 June 2011.

ENDS

Enquiries:

Origin Enterprises plc

Brendan Fitzgerald, Chief Financial Officer                    Tel:       [phone]

About Origin Enterprises plc

Origin Enterprises plc is a focused Agri-Services Group with strategic investments in Consumer Foods and Marine Proteins and Oils.  The Group is listed on the ESM and AIM markets of the Irish and London Stock Exchanges.  The Agri-Services business through its manufacturing and distribution operations in Ireland, the United Kingdom and Poland has leading market positions in the supply of specialist agronomy services, crop nutrition and feed ingredients.

ESM ticker symbol: OIZ           AIM ticker symbol: OGN

Website: www.originenterprises.com

 

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