RNS Number : 1033Y
DFS Furniture plc
01 December 2017
 

1 December 2017

DFS Furniture plc ("DFS" or the "Group")

Acquisition of Sofology

 

Further to the announcements on 3 August 2017 and 20 November 2017, DFS confirms the legal completion of the acquisition of Sofology Limited ("Sofology") for an initial debt-free, cash-free enterprise value of £25m.  Any further consideration payable, as referred to in the announcement on 3 August 2017, will be calculated based upon the 12 months ending 30 September 2018.

 

 

DFS (enquiries via FTI)

FTI Consulting

Ian Filby (CEO)

Jonathon Brill

Nicola Bancroft (CFO)

Georgina Goodhew

Mike Schmidt (Director of Corporate Finance)

Eleanor Purdon

 

+44 (0) 20 3727 1000

 

dfsfurniture@fticonsulting.com

 


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