Eltron Purchases British Bar-Code Firm

Eltron International Inc., a Chatsworth maker of bar-code label printers and software, said it has purchased about $1.2 million in assets and the distribution business of a British distributor of bar-code and ticket printing equipment.

Eltron said it paid $360,000 in cash and assumed $880,000 in trade liabilities and debt in its deal with Russet Ltd. It said it believes that Russet can add about $3 million to its 1995 revenues.

Russet will continue to operate under its current name, and will serve as a base for distributing bar-code equipment within the United Kingdom and as a manufacturing base and distributor for other products throughout Europe, Eltron said.