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 company specialises in high-security transport services for government-linked projects, with a focus on passenger transportation for Home Office asylum accommodation sites.
This multidisciplinary engineering and environmental consultancy boasts a proven track record of over 20 years in delivering complex infrastructure projects across sectors like infrastructure, water resources, and maritime.
This is a rare opportunity to acquire an award-winning high-quality ice cream manufacturer with a recognised brand and a purpose-built factory.
Looking for more businesses? Try our off-market tool.
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