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Division Sale Acquisitions News: January 2003

Thu, 30 Jan 2003: Hays, the business services group, is considering the sale of its logistics operations, valued at between £250m and £400m. It could signal...
[more: Hays, the business services group, is co...]
Wed, 29 Jan 2003: Gaskell is to sell its tile division, including sites in Lancashire and London, to Low & Bonar for £17m, while its carpet factory in Kidderm...
[more: Gaskell is to sell its tile division, in...]
Wed, 29 Jan 2003: Cosalt, the industrial services and leisure products group, hinted that its loss making lighting division may be for sale. Operating losses at Cosalt ...
[more: Cosalt, the industrial services and leis...]
Wed, 29 Jan 2003: Suez, the French utility, is exploring the sale of Northubrian Water in what could be the company's first large asset divestment under its debt r...
[more: Suez, the French utility, is exploring t...]
Tue, 28 Jan 2003: Bako North Western has acquired the bakery sundries business of John Morley's of Congleton for undisclosed terms....
[more: Bako North Western has acquired the bake...]
Tue, 28 Jan 2003: Inter-Alliance is to pay up to £2.5m for certain fixed assets and the net commission of Heartland Independent Advisers, which has offices in Bi...
[more: Inter-Alliance is to pay up to £2.5m fo...]
Tue, 28 Jan 2003: Tomkins has sold Milliken Valve, the US-based valve manufacturer, to the Henry Pratt Company for about £5m....
[more: Tomkins has sold Milliken Valve, the US-...]
Tue, 28 Jan 2003: Walker Greenbank is to sell Textile Wallcoverings International, the US distributor of wallcoverings, to Thybony for £0.9m....
[more: Walker Greenbank is to sell Textile Wall...]
Mon, 27 Jan 2003: Leeds United has sold its business travel division to World Travel Management for a nominal sum....
[more: Leeds United has sold its business trave...]
Fri, 24 Jan 2003: Enterprise Inns has sold 52 pubs in the Hampshire and Gloucestershire areas to InnSpired for £16m....
[more: Enterprise Inns has sold 52 pubs in the ...]
Fri, 24 Jan 2003: Coats has sold its Jaeger and Viyella fashion brands to Riverhawk Investment for undisclosed terms, in order to focus on the production of industrial ...
[more: Coats has sold its Jaeger and Viyella fa...]
Thu, 23 Jan 2003: Inter Link Foods is to acquire Soreen, the Manchester-based malt loaf manufacturer, from Warburtons for £8.4m....
[more: Inter Link Foods is to acquire Soreen, t...]
Thu, 23 Jan 2003: Avis Europe is to acquire car rental operations in Europe, Africa and the Middle East from Budget International for £12m....
[more: Avis Europe is to acquire car rental ope...]
Thu, 23 Jan 2003: Alan Day Motor Group has acquired four car dealerships in Hampshire from Derek Warwick Motor Group for undisclosed terms, gaining 125 extra staff....
[more: Alan Day Motor Group has acquired four c...]
Wed, 22 Jan 2003: Rok Property Solutions is selling Llewellyn Timber Engineering, the roof truss manufacturer with 30 staff, to Pace Timber Systems of Milton Keynes for...
[more: Rok Property Solutions is selling Llewel...]
Wed, 22 Jan 2003: RWE, the German utility company, may sell off several of its units, including its troubled waste management unit....
[more: RWE, the German utility company, may sel...]
Tue, 21 Jan 2003: Gilesports has acquired six sports shops in the north-east from Dixon Sports, taking its chain to 89 sites....
[more: Gilesports has acquired six sports shops...]
Tue, 21 Jan 2003: Royal & Sun Alliance, the troubled insurance company, is selling its Australian mortgage business. The deal could be worth £120m. Goldman Sa...
[more: Royal & Sun Alliance, the troubled insur...]
Tue, 21 Jan 2003: Kingfisher has decided not to sell its electrical goods business, trading as Darty, BUT and Comet. Instead it will demerge the businesses....
[more: Kingfisher has decided not to sell its e...]
Tue, 21 Jan 2003: Boots may sell off its division Boots Healthcare International, which could raise £1bn. The business manufactures brands such as Clearasil and S...
[more: Boots may sell off its division Boots He...]
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