Thu, 16 Sep 2010 | BUSINESS SALE
Following last week's administration of property services company Connaught, companies are submitting offers to buy sections of the business.
Construction firm Morgan Sindall has already bought the troubled social housing division for £28 million and several bids have been made for the compliance and environmental operations, which are trading as normal and could be worth up to £200 million.
A source said there had been 'an absolute stack of interest,' including offers from several middle-market private equity firms.
The splitting of the business is providing opportunities for companies to pick off specific divisions to absorb into their existing operations.
This well-established business in Suffolk is renowned for providing bespoke hydraulic, electric, and mechanical systems across various industries, with end-to-end solutions and a strong reputation for quality and reliability.
This well-established Buckinghamshire-based wholesale catering supplier offers a diverse range of fresh produce, dairy, and catering essentials to sectors such as hospitality and healthcare.
This well-established Essex-based business offers a comprehensive suite of bespoke luxury furniture services, from design to installation, catering primarily to private clients and developers.
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