Division Sale News

Administrators secure sale of Castleoak timber frame assets

Thu, 04 Nov 2021 | DIVISION SALE
Administrators from Interpath Advisory have secured a sale for the assets of the timber frame business of retirement and care home developer Castleoak to Robinson Manufacturing. Castleoak Holdings, along with the businesses within... continue reading

Stewart Milne Group puts timber frame division up for sale

Tue, 12 Oct 2021 | DIVISION SALE
Stewart Milne Group has announced that it has put its timber frame division, Stewart Milne Timber Systems (SMTS), up for sale. The sale will seek to capitalise on the division’s strong growth and enable the wider group to fo... continue reading

Fintel sells fund management business at 4.1x profits as part of new partnership

Thu, 16 Sep 2021 | DIVISION SALE
Fintech and support services firm Fintel has sold its fund management business Verbatim to Tatton Asset Management for £5.8 million as part of a new five-year strategic partnership. The sale represents a 4.1x multiple of the... continue reading

888 Holdings confirms “advanced discussions” to acquire William Hill’s European business

Tue, 07 Sep 2021 | DIVISION SALE
Betting firm 888 Holdings has confirmed that it is in “advanced discussions” to acquire the European business of William Hill from new owner Caesars Entertainment. In a statement to the London Stock Exchange (LSE), 8... continue reading

Salmon farm agrees £164m deal for Shetland assets

Wed, 30 Jun 2021 | DIVISION SALE
Salmon company Grieg Seafood has confirmed it has sold its Shetland assets to Scottish Sea Farms, one of only three companies operating on the isles, in a deal worth £164 million. The deal reportedly includes the sale of 21... continue reading

Biffa acquisition boosts recycling capability

Tue, 29 Jun 2021 | DIVISION SALE
Waste management firm Biffa has announced that it has acquired Scotland's only post-consumer plastics recycling facility from Green Circle Polymers in a £10 million deal. The Grangemouth facility processes approximatel... continue reading

Global wine company acquires Lambrini

Fri, 25 Jun 2021 | DIVISION SALE
Global wine company Accolade Wines has announced that it has acquired Lambrini, the UK's leading brand of Perry. Accolade, the firm behind well-known brands such as Hardys and Echo Falls, revealed that it had expanded its p... continue reading

Competition watchdog approves sale of Asda petrol stations

Wed, 16 Jun 2021 | DIVISION SALE
The UK competition regulator has accepted an offer from prospective new owners of Asda to sell 27 petrol stations and satisfy concerns that the sale of the business could lead to higher prices. A deal to purchase the supermarket... continue reading

Balfour Beatty restarts asset sales

Thu, 03 Jun 2021 | DIVISION SALE
Infrastructure group Balfour Beatty has announced that it has restarted its asset disposal programme with the sale of a £20 million project in Canada. The group said it has sold its 70 per cent interest in the BC Children&#... continue reading

Tate & Lyle in talks to sell controlling stake in sweeteners division

Tue, 27 Apr 2021 | DIVISION SALE
Tate & Lyle has revealed it is talking to a number of potential buyers as it prepares to sell its sweeteners division. In a bid to move towards healthier food products, the 162-year-old company is in "early stage" talks with new ... continue reading

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Acquisitions put property service firm on course to quadruple turnover | BUSINESS NEWS

Property service firm The SDDE Smith Group is on course to q...

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PE backing drives major M&A deal in UK catering equipment sector | BUSINESS SALE

The Airedale Group, a private equity-backed catering equipme...

Mar

Cumbernauld shopping centre to go up for sale after entering administration | COMMERCIAL PROPERTY

The owner of Cumbernauld's Antonine Shopping Centre, Br...

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