Disposal

Reckitt Benckiser PLC 28 August 2001 28 August 2001 Sale of Dr Becher Completion of Disposal Process for Non-Core Businesses Reckitt Benckiser plc, the world's leading household company, today announced the sale of Dr. Becher, an institutional and professional cleaning business based in Hanover, Germany, to a management buy-out. This sale brings the program of disposing of non-core businesses, commenced following the merger, to completion. All other non-core businesses will be retained and managed to maximize shareholder value. The cumulative total net revenues sold in the process are over £110m, representing approximately half of the originally identified non-core businesses. The marginal profit contribution sold exceeds £25m. Total proceeds of the disposal program exceed £140m. Bart Becht, Chief Executive Officer, commenting on the program said 'We committed at the time of the merger to trying to dispose of as much of the non-strategic tail of businesses as possible at sensible prices, indicating that we believed that selling half would represent a good result. Doing this is important as it increases our focus on our core business of household cleaning and health & personal care. It also releases capital and resources to invest where we can generate superior returns. The program should enhance our overall growth rate. In the event we have reached the target of selling half the tail at prices that are attractive. We have now closed the program and will turn all our attention to building our core business.' For further information Tom Corran - Reckitt Benckiser plc - Tel +44 1753 446 548 SVP Investor Relations & Corporate Communications
UK 100

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