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

Plumbers Merchant & Large Bathroom Showroom
Colchester, Essex, South East, UK

With a good level of net profit available and a fantastic reputation, this is an ideal opportunity for an entrepreneur with industry expertise, or a competitor looking to grow through acquisition, to own a successful business with further growth pote...

Asking Price: Offers Invited
Turnover: £970,757

LEASEHOLD


Driving School
Silverstone, Northamptonshire, UK Wide

The long-standing business offers a wide range of services including prestigious, advanced rally driving lessons as well as entertaining rally days out, rally courses, junior rally driving experiences and professional rally driver training based in t...

Asking Price: £350,000
Turnover: £300,000

LEASEHOLD


Manufacturing Company
West Midlands, UK

The business for sale is an established company specialising in the design and manufacture of modular ballast support systems/ access solutions for the HVAC and Renewable energy industries. The flat roof framework system is fully adjustable and can b...

Asking Price: Offers Invited
Turnover: £614,931

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
19
 
Feb
 

On-demand laundry app snapped up after administration | BUSINESS SALE

Laundrapp, an on-demand laundry service which was touted as ...

 
18
 
Feb
 

Subprime lender Amigo launches sale process | BUSINESS SALE

UK subprime lender Amigo has announced that it is in talks w...

 
14
 
Feb
 

Leicester printing firm enters administration | ADMINISTRATION

Long-established Leicester printing firm Taylor Bloxham Grou...

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