Vue Cinemas considers a sale

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


Share this article



Latest Businesses for Sale

High-End Golf Equipment Supplier
UK Wide

Successful company operating for over 17 years. Provides a comprehensive range of golf equipment to satisfy all customer requirements, comprising clubs, clothing, bags, trolleys and complementary accessories. Significant scope to invest additional re...

Asking Price: Offers Invited
Turnover: £7,514,000

LEASEHOLD


Commercial Fit-Out & Facilities Management & Maintenance Services
UK Wide

Offers a comprehensive range of services, specialising in the project management and construction management of commercial fit-out projects. Operates from several strategically located premises in South England. Offers invited.

Asking Price: Offers Invited
Turnover: £4,201,901

LEASEHOLD


A LEADING PROVIDER OF SPECIALISED MOBILE DATA SOLUTIONS
South East, UK

Provides mobile data network solutions and services to businesses operating within a wide variety of sectors. Services include data SIMs with a fixed IP address, dynamic data SIMs, integration services, VoIP and virtual numbers. Serves over 790 activ...

Asking Price: Offers Invited
Turnover: £1,254,781

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
14
 
Aug
 

Trafford Centre up for sale after Intu administration | COMMERCIAL PROPERTY

Manchester’s Trafford Centre shopping mall is up for s...

 
13
 
Aug
 

Administrators bring three former Shepherd Cox Group hotels to market | DIVISION SALE

Administrators have put three hotels in the North of England...

 
12
 
Aug
 

Baird Group to close stores as CVA is approved | BUSINESS NEWS

Retailer and wholesaler Baird Group, the license holder for ...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
14
 
Aug
 

Trafford Centre up for sale after Intu administration | COMMERCIAL PROPERTY

Manchester’s Trafford Centre shopping mall is up for s...

 
13
 
Aug
 

Administrators bring three former Shepherd Cox Group hotels to market | DIVISION SALE

Administrators have put three hotels in the North of England...

 
12
 
Aug
 

Baird Group to close stores as CVA is approved | BUSINESS NEWS

Retailer and wholesaler Baird Group, the license holder for ...

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