Further re acquisition
23 Agosto 2007 - 8:30AM
UK Regulatory
RNS Number:7126C
Park Group PLC
23 August 2007
For Immediate Release: 23 August 2007
Park Group plc
Acquisition of Home Farm Hampers Ltd
Park Group plc ("Park") is pleased to announce that the OFT has decided not to
refer the acquisition of Home Farm Hampers Ltd ("Home Farm") to the Competition
Commission under the provisions of the Enterprise Act 2002.
Peter Johnson, Executive Chairman of Park Group, said: "We are pleased with the
decision the OFT has made as we always had the view that the Christmas savings
business forms only part of a demonstrably wider market, where Park has only a
small market share. The acquisition of Home Farm will provide additional
customers for Park as well as other operational benefits."
- ends -
For further information please contact:
Peter Johnson / Chris Houghton
Park Group plc
Tel: 0151 653 1700
John West / Jeremy Carey
Tavistock Communications
Tel: 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
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