Fri, 29 Jul 2016 | BUSINESS SALE
Pinewood Group, the company behind Pinewood Studios, is on the verge of being purchased by a real estate private fund in a £323 million deal.
A successful sale will ensure new investment for Pinewood, to include a £200 million boost to its core UK operations. It had brought in Rothschild back in February to pursue options such as a takeover. Someone close to the deal said Rothschild had spoken with over 180 possible buyers.
The deal will depend on the buyer, property investment fund Aremont Capital, securing financing in the next four weeks. Aermont was part of the US investment bank Parella Weinberg, but split away in July last year.
Aermont has a licence to buy property assets and “corporate operating businesses that have a real estate component”. It intends, according to a person familiar with the fund's plans, to plug investment into Pinewood's operating business to speed up its existing expansion plans.
Pinewood Studios has provided the setting for many blockbuster films since it opened in 1936. These include the James Bond films The Spy Who Loved Me, Spectre and Skyfall and in fact built a 60,000 sq. ft. stage, which has been used for the ongoing film series. Others include the Carry On films, the Superman films, Harry Potter and The Fifth Element.
Search for a business for sale
Indicative offers are required by 12:00hours on Monday 20 January 2020 with a view to completion shortly thereafter. The proposed Joint Administrators are seeking parties interested in the business and assets of a Company that trades as a recruitment...
LEASEHOLD
Offers and proof of funding sought by 17:00hours on Friday 24 January 2020. The Joint Administrators are seeking parties interested in the business and assets of a commercial contractor business based in the Midlands.
Provides highly skilled and professional hospitality staff across a variety of sectors. Recognised as both a preferred and top tier supplier for several of its prestigious clients. Supplying both temporary and permanent Nationwide staffing solutions....
LEASEHOLD
|
17
|
|
Jan
|
Sample book and shade card manufacturer acquired from administration | BUSINESS SALE
The business and assets of Yorkshire-based display products ...
|
16
|
|
Jan
|
Northgate and Redde shareholders approve merger | MERGER
The proposed merger of listed companies Northgate and Redde ...
|
15
|
|
Jan
|
SSE sells retail business to OVO Energy | DIVISION SALE
Power utility SSE has announced it has completed the sale of...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources