Johnson Matthey Announces the Sale of Argillon's Insulators and Alumina Businesses |
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Johnson Matthey
400 Lapp Rd.
Malvern, PA, 19355
USA
Press release date: November 26, 2008
26th November 2008
Johnson Matthey announces that it has today completed the sale of the non-core Ceramic Insulators and Alumina businesses in Germany, Poland and Romania that it acquired as part of the Argillon Group in February 2008, to Lapp Insulator GmbH & Co for 21 million in cash plus a 2 million vendor loan note.
Enquiries:
Ian Godwin Director, IR and Corporate Communications 020 7269 8410
John Sheldrick Group Finance Director 020 7269 8408
David Morgan Executive Director, Group Corporate Development 020 7269 8454
Howard Lee The HeadLand Consultancy 020 7367 5225
www.matthey.com
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