Sun, 10 Jul 2011 | BUSINESS SALE
The London Mint Office, which sells souvenir coins, may be put on the market soon if its Norwegian owner, Samlerhuset, decides to move down the trade sale route after appointing strategic advisers.
Samlerhuset was set up in Oslo in 1994 and is reportedly about to appoint DC Advisory Partners to examine options for the firm, which includes listing the business for sale. The company is said to be worth around £130 million and is one of the largest direct marketing companies in Europe and focuses on sales of medals, stamps, banknotes as well as coins. Over the years the firm has fielded a number of complaints both in the UK and in Norway about its aggressive and sometimes misleading advertising practices.
Other possible strategic options include raising an additional tranche of capital to fund future growth and allow the few individual investors in the business to cash in some of their shares.
The company’s UK arm, The London Mint Office, sells gold sovereigns and collectible coins marking national and Royal occasions including Queen Elizabeth II Royal Jubilee, Prince William and Catherine’s engagement and subsequent wedding and the 2012 Olympic Games in London. The UK division notched up around £22m sales in 2009, a 50 percent increase over the previous year.
This UK-based company is a leader in specialist cleaning services, boasting top-tier equipment and an impressive client retention rate, while accredited by several key industry bodies. With an experienced operations manager capable of independently d...
This business, known for its expertise in bespoke modular and containerised data centres, stands out with its impartial product advice and commitment to quality, as evidenced by its ISO 45001 and ISO 9001 certifications. With 70 active clients and a...
his well-established company offers unique and premium behavioural training solutions and fully managed feedback services, making it a leader in the learning and development sector. With a strong client base and a reputation for facilitating high lev...
09
|
Jul
|
Equipment hire firm divests welfare van fleet | DIVISION SALE
Newcastle-based equipment hire firm Nixon Hire has divested ...
09
|
Jul
|
Former care home to reopen following acquisition | COMMERCIAL PROPERTY
A former care home in Nottingham is set to reopen following ...
09
|
Jul
|
Financial advice consolidator Finli Group completes six more acquisitions | BUSINESS SALE
National financial advice firm Finli Group has continued its...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.