31 March 2015
Emeco advises that settlement of the acquisition of road haulage truck and trailer rental business Rentco has been rescheduled to 30 April 2015.
The settlement delay has been agreed between parties to allow for the completion of conditions precedent.
The Emeco Board has confirmed its full support for the Rentco acquisition as a key move under the group's strategy to diversify and create a more resilient business.
However, the Board is also engaged in ongoing discussions with those shareholders who have raised issues with a view to addressing their concerns.