Further Re: Proposed Acquisition
01 Junio 2011 - 9:29AM
RNS Non-Regulatory
TIDMEVT
Eurovestech PLC
01 June 2011
1 June 2011
Eurovestech plc ("Eurovestech" or "the Company")
Further Re: Acquisition of Market Planning Solutions Inc by KSS
Ltd
Eurovestech is pleased to announce that KSS Ltd ("KSS Fuels"),
its subsidiary company and world leader in fuels pricing software,
analytics and consulting, has completed its previously announced
acquisition of Market Planning Solutions Inc. ("MPSI"), an industry
leading network planning services, data collection and analytics
company, following MPSI shareholder approval.
Eurovestech's Chief Executive, Richard Bernstein, said:
"Following this acquisition, KSS Fuels is now positioned as a world
leader in each of its core disciplines, with more than 500
customers in 80 countries. We expect the acquisition to be earnings
enhancing for KSS Fuels in the coming fiscal year to June
2012."
Further Enquiries:
Eurovestech plc
Richard Bernstein (Chief Executive Officer) 020 7491 0770
This information is provided by RNS
The company news service from the London Stock Exchange
END
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