Pinewood Studios owner may sell company

Wed, 10 Feb 2016 | BUSINESS SALE

Pinewood Studios, famous for hosting box-office smashes such as James Bond and Star Wars, could be sold as its owner looks to ‘maximise value’ for investors.

Pinewood Group has appointed advisers to carry out a strategic review of the company’s structure and capital base, after recently failing to gain enough new investors or to diversify its shareholder base.

The company, which trades on the junior AIM market, stated that its shareholder register was so ‘tightly held’ that its ambition for a main market listing was being held back.

The announcement comes on the back of its raised annual profits guidance. This follows stronger than expected revenues across the board since the release of its half-year results in December.

Pinewood Group said one of its main options included selling the business, which comprises Pinewood Studios in Buckinghamshire, Shepperton Studios and Pinewood Studios Wales. The company also has an international network of studios in countries such as Canada and the Dominican Republic.

The firm has continued to be at the forefront of the TV and film industries with commercial successes such as Spectre and Star Wars: Episode VII The Force Awakens being filmed at Pinewood Studios.

Pinewood chief executive Ivan Dunleavy said: “We believe Pinewood has the potential to build on the strong performance of the last few years to grow further both in the UK and internationally.

“The board is now looking to identify the best ways to create the appropriate capital structure to allow the Company to realise its goals in the best interests of shareholders.”


View other businesses for sale.


Share this article



Latest Businesses for Sale

Food Manufacturer Specialising Flatbread Products
North of England, UK Wide

Has established a prominent position with clients in its industry due to its prestigious portfolio. Operates from two leasehold premises. Offers invited.

Asking Price: Offers Invited
Turnover: £671,000

LEASEHOLD


Haulage & Logistics Solutions
South East, UK

Utilises a reliable network of UK and European hauliers to provide tailored logistics solutions, operating 24/7. Offers invited.

Asking Price: Offers Invited
Turnover: £985,000

LEASEHOLD


Health & Social Care Provider
London, UK

Services the company provides includes complex and continuing care, palliative care, live in care, domiciliary care and learning disabilities and mental health services. Offers invited.

Asking Price: Offers Invited
Turnover: £5,500,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
23
 
May
 

Fintech company Loot collapses into administration | ADMINISTRATION

After failing to secure further backing from the Royal Bank ...

 
22
 
May
 

Spike in M&A activity in the education sector | BUSINESS SALE

In recent months, the education sector in the UK has witness...

 
22
 
May
 

Jamie Oliver restaurant empire collapses into administration | ADMINISTRATION

Celebrity chef Jamie Oliver, who shot to fame after campaign...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources