ROR Rotork Plc

TIDMROR

RNS Number : 2742I

Rotork PLC

13 June 2011

Rotork p.l.c

Rotork, the specialist international engineering group, announces it has acquired all of the issued share capital of Valco Valves & Automation AS (VVA), its Norwegian sales and service agent from Valco Group AS.

The value of the gross assets acquired was approximately GBP2 million with a net cash outflow of GBP0.6 million.

Rotork Group Chief Executive, Peter France, said:

"The acquisition of VVA strengthens our presence in the important Norwegian market. Our strategy is to provide our customers with local support and this acquisition continues our international expansion plan."

Enquiries: Peter France 01225 733200

Jonathan Davis 01225 733200

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