STT Straight

RNS Number:9154B
Straight PLC
13 August 2007


13 August 2007

                                  Straight plc
                         ("Straight" or the "Company")

Straight, the supplier of recycling containers and environmental container
solutions is pleased to announce the acquisition of the assets and trade
of Gummy Bins Limited.

Straight has been distributing Gummy Bins for 7 months and, although a small
part of the business, saw this acquisition as an opportunity to drive revenues
for this product. The acquisition further reinforces Straight's commitment to
tackling the problem of chewing gum littering with this acquisition which will
assist the business in gaining a significant share in a market which is set to
grow considerably following last month's introduction of the smoking ban in
England and Wales.

Chief Executive of Straight, Jonathan Straight, said "We are delighted
to consolidate these new products into our portfolio.  I am confident that we
will be able to quickly leverage our existing relationships with both local
authority and B2B customers to further strengthen our presence in this area".


Contacts:

Straight plc
James Newman / Jonathan Straight                        0113 245 2244

Simon Mountford Communications
Simon Mountford                                         07836 279685


END


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
ACQSFFFLSSWSEIA

Straight Plc (LSE:STT)
Historical Stock Chart
From Jun 2024 to Jul 2024

Straight Plc (LSE:STT)
Historical Stock Chart
From Jul 2023 to Jul 2024