Mon, 10 Jul 2017 | BUSINESS SALE
Vue, the sixth largest cinema chain in the world, has plans to put itself on the market for buyers.
The company, which has seen incredible growth since it was originally set up less than twenty years ago, last changed hands four years ago when it was bought for £935 million.
Chief executive and founder, Tim Richards, said that as consolidation in the sector continued, Vue was talking to global rivals about a possible trade sale, The Times has reported.
"We are truly the last port of call if an international operator wants to come into Europe. There's a huge amount of interest from all corners. There are international distributors in North America, Korea, Japan, Mexico and Australia. These are groups that we know and we would want to work with.
"What trade purchasers have seen is that we have the highest-quality assets internationally."
The company has not appointed advisors but is in discussions with banks. As well as seeking an overseas buyer, Mr Richards has not ruled out the possibility of an initial public offering.
"We have delivered constant returns for our shareholders for 20 years, so for a public listing it's very attractive to investors," he said.
Find a business for sale
Subscribe to the Business Sale Report here
A highly successful tour operator and travel agency trading for over 40 years. Offers bespoke travel and tourism packages for the benefit of private, corporate and commercial clients. Specialises in travel to Latin America and the Middle East. A full...
LEASEHOLD
Design, manufacture and retail of own brand tents, awnings and accessories. Full range of products from small hiking and touring tents to large family tents.
RELOCATABLE
Well established and lucrative Paving and Drainage Contractor. Leasehold/Freehold option available. Convenient and accessible trading position, loyal customer base. Predicted increased turnover £900k (y/e 30.04.20), consistently strong profits, impre...
LEASEHOLD
19
|
Jan
|
Injection moulding business sold out of administration to employees | BUSINESS SALE
Conwy-based injection moulding company A2B Plastics Limited ...
18
|
Jan
|
AFH Financial Group ready to return to acquisition trail in 2021 | BUSINESS NEWS
In its yearly report to October 2020, wealth manager and adv...
15
|
Jan
|
Buyer sought for portfolio of pubs | BUSINESS SALE
Five pubs that formerly operated under the Authentic Alehous...
Sign up to receive our acquisition alert emails to get your FREE guide
19
|
Jan
|
Injection moulding business sold out of administration to employees | BUSINESS SALE
Conwy-based injection moulding company A2B Plastics Limited ...
18
|
Jan
|
AFH Financial Group ready to return to acquisition trail in 2021 | BUSINESS NEWS
In its yearly report to October 2020, wealth manager and adv...
15
|
Jan
|
Buyer sought for portfolio of pubs | BUSINESS SALE
Five pubs that formerly operated under the Authentic Alehous...
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