Deals & Acquisitions News
Breaking news on the latest companies for sale, acquisitions, mergers, insolvencies and market developments.
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Latest News
Landsec sells hotel portfolio for £400m
- May 2024
Landsec has sold its entire hotel portfolio, comprising 21 assets, in a deal worth £400 million. The portfolio has been acquired by LA-based investment firm Ares Management Corp., using funds from Ares Real Estate. The deal, which represents a slight reduction on the £404 million book value giv...
Business Sale
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BUSINESS SALE Turner & Townsend acquires boutique consultancyLeeds-headquartered professional services consultancy Turner & Townsend has acquired boutique consul...
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BUSINESS SALE Pipeline manufacturer acquired by engineering groupUTS Engineering has acquired pipeline manufacturer and service provider PTS Group. The acquisition w...
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BUSINESS SALE JMG Group expands commercial insurance services with acquisitionJMG Group has expanded its commercial insurance services and geographic footprint with the acquisiti...
Division Sale
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DIVISION SALE Tekmar Group disposes of subsea company for £1.9mTekmar Group, a Darlington-based supplier of technology and services to the global offshore energy i...
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DIVISION SALE Esken to sell renewables division at £107.7m enterprise valueAviation and renewables group Esken has announced the sale of its renewables division to Pioneer Bal...
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DIVISION SALE Aggregates firm expands with acquisition of resin surfacing businessA Derbyshire-headquartered aggregates group has expanded with the acquisition of a resin surfacing b...
Administration
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ADMINISTRATION Assets to be sold as steel processing firm ceases tradingA steel processing business based in the Liverpool City Region has ceased trading after falling into...
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ADMINISTRATION UK administrations update: April 30 – May 7Since our last update, the following businesses have been confirmed as having fallen into administra...
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ADMINISTRATION UK administrations update: April 23 – 30Since our last update, the following businesses have been confirmed as having fallen into administra...
MBO/MBI
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MBO/MBI Cheltenham hardware manufacturer undergoes MBOA manufacturer of window and door hardware has been acquired in a management buyout (MBO). Cotswold ...
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MBO/MBI South Wales environmental firm undergoes MBOSouth Wales-based SJ Environmental Limited has undergone a management buyout (MBO). The company is t...
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MBO/MBI Tile business sold to management team by NorcrosJohnson Tiles UK, a tile business based in Stoke-on-Trent, has been sold to its existing management ...
Merger
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MERGER Three Aberdeen legal firms merge to form all-service providerThree prominent Aberdeen legal businesses have merged to form one of the city’s largest all-servic...
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MERGER Two South East accountancy firms agree to mergeTwo accountancy firms based in the South East have announced plans to merge. Oxford-based Shaw Gibbs...
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MERGER Storage firms target expansion after mergerTwo storage companies have announced a merger to create a new entity and are now poised to target ex...
Commercial Property
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COMMERCIAL PROPERTY Landsec sells hotel portfolio for £400m
Landsec has sold its entire hotel portfolio, comprising 21 assets, in a deal worth £400 million. Th...
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COMMERCIAL PROPERTY Two country hotels sold following confidential marketing processTwo country hotels in the South East of England have been sold following a confidential marketing pr...
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COMMERCIAL PROPERTY Portfolio of 24 northern pubs acquired by Punch Pubs & CoA portfolio of 24 pubs across the North East and Yorkshire has been sold to Punch Pubs & Co. The Mil...