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Restore PLC (RST)

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Monday 11 September, 2017

Restore PLC


RNS Number : 2863Q
Restore PLC
11 September 2017

11 September 2017




Restore plc


Acquisition of Lombard Recycling Limited and Data Shred Limited


Restore plc ("Restore"), the UK office services provider, today announces the acquisition of Lombard Recycling Limited and Data Shred Limited (together "Lombard"), two related secure shredding businesses based in Greenwich, London.


For the 12 months ended 30 September 2016, Lombard's secure shredding activities generated revenues of £1.6 million. The acquisition was funded from Restore's existing bank facilities.


Charles Skinner, Chief Executive of Restore commented:


"Lombard is the fifth secure shredding acquisition we have made since we acquired the Datashred business as part of our acquisition of PHS Data Solutions a year ago. It provides us with further economies of scale and extends our position as the UK's second largest provider of secure shredding services."



For further information please contact:




Restore plc


Charles Skinner, Chief Executive

07966 234 075

Adam Councell, Group Finance

07860 402 434





Cenkos Securities

020 7397 8900

Nick Wells


Elizabeth Bowman




FTI Consulting

020 3727 1340

Nick Hasell


Alex Le May



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

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