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Hills Holdings Ltd Divests LW Gemmell


Tuesday, 3 Sep 2013 07:05pm EDT 

Hills Holdings Ltd announced the sale of its wholly owned LW Gemmell plumbing supplies business to a plumbing manufacturer, Zurn Industries, LLC. The sale, for an undisclosed amount, is not material to the sales and earnings of the Hills Holdings Group. Mr Pretty said the sale of the LW Gemmell business basically completed the wide-ranging sale of assets outlined by Hills last year as part of the Group’s restructuring initiatives and strategic settings. 

Company Quote

1.785
-0.045 -2.46%
11 Jul 2014