Cash rich Vita looking to buy

By Liz White, ERJ staff

London-British Vita plc is looking for opportunities to spend, following the disposal of its last 5.4 million shares in US plastics group Spartech Corp. for £68 million, said chief executive David Campbell. But the flexible foamer is in no rush. “The desire and money is there, but we won’t waste it,” Campbell said, at 1 Mar press briefing in London to announce the Manchester, UK-headquartered group’s financial results for 2003.

Vita is also, “guardedly confident” about the group’s prospects for 2004,…

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