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26th Novmember 2008

 

Johnson Matthey Announces the Sale of Argillon’s Insulators and Alumina Businesses

Johnson Matthey announces that it has today completed the sale of the non-core Ceramic Insulators and Alumina businesses in Germany, Poland and Romania that it acquired as part of the Argillon Group in February 2008, to Lapp Insulator GmbH & Co for €21 million in cash plus a €2 million vendor loan note.



Enquiries:

Ian Godwin
Director, IR and Corporate Communications

Johnson Matthey
+44 (0)20 7269 8410

John Sheldrick
Group Finance Director
Johnson Matthey
+44 (0)20 7269 8408

David Morgan
Executive Director, Group Corporate Development
+44 (0)20 7269 8454

Howard Lee
The HeadLand Consultancy
+44 (0)20 7367 5225