| CATEGORY: NEWS AND ANNOUNCEMENTS SECTOR: SUPPORT SERVICES |
Snap: Brambles completes two major transactions |
|
Thu 13 Oct 2005
|
LONDON (SHARECAST) - Pallet supplier Brambles Industries announced two major transactions today, selling a waste management group and acquiring an information management business.
The group disposed Cleanway Germany to waste controlling firm SULO for £387m in cash and purchased Melbourne-based AusDOC £112m cash.
Chief executive officer of Brambles, David Turner, said both transactions illustrated Brambles' focus on creating shareholder value.
"Our strategy is to create increasing value by managing our businesses rigorously and seeking appropriate opportunities for growth," added Turner.
|
|
| |
|
 |
Front Page Stories |
 |
|
