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
The company provides a range of forklift truck solutions including sales, repairs, servicing, manufacturing and hire. Designs and manufactures its own branded forklifts with an extensive product range including reach trucks, order pickers and tow tra...
LEASEHOLD
Multiple opportunities for growth and international expansion. Operates from leasehold premises. Our clients are offering the business for sale to facilitate further growth under the impetus of new ownership. Offers invited.
LEASEHOLD
Modern, well-positioned UK-based freehold premises to be included in sale. Genuine scope for further growth with development of existing product range and the addition of a sales function. Offers invited.
FREEHOLD
|
27
|
|
May
|
Food-to-go supplier calls in administrators | ADMINISTRATION
Adelie Foods, one of Britain’s biggest suppliers of sa...
|
26
|
|
May
|
Luxury fashion brand DVF Studio enters administration | ADMINISTRATION
DVF Studio, the UK business of fashion designer Diane von Fu...
|
24
|
|
May
|
Over 50 hotels and travel brands up for sale as leisure company collapses | ADMINISTRATION
The parent company of coach holiday company National Holiday...
Sign up to receive our acquisition alert emails to get your FREE guide
|
27
|
|
May
|
Food-to-go supplier calls in administrators | ADMINISTRATION
Adelie Foods, one of Britain’s biggest suppliers of sa...
|
26
|
|
May
|
Luxury fashion brand DVF Studio enters administration | ADMINISTRATION
DVF Studio, the UK business of fashion designer Diane von Fu...
|
24
|
|
May
|
Over 50 hotels and travel brands up for sale as leisure company collapses | ADMINISTRATION
The parent company of coach holiday company National Holiday...
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