1 August 2011
QinetiQ Group plc announces that it has sold its UK fuel and lubricants business based in Farnborough to Intertek Group PLC, a provider of quality and safety solutions, for a total cash consideration of £0.5m. This disposal is in line with QinetiQ’s stated intention to focus on its core capabilities.
For further information please contact:
QinetiQ press office +44 (0) 1252 393500
Investor relations: +44 (0) 7920 108675
Notes for Editors:
A FTSE250 company, QinetiQ uses its domain knowledge to provide technical support and know-how to customers in the global aerospace, defence and security markets. QinetiQ's unique position enables it to be a trusted partner to government organisations, predominantly in the UK and the US, including defence departments, intelligence services and security agencies.
For further information, please contact
QinetiQ Press Office on Tel: +44 (0) 1252 39 3500