Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Interserve to offload equipment services division

Interserve to offload equipment services division

Mon, 14 Mar 2016 | DIVISION SALE



UK-based support services and construction company Interserve is considering offloading its profitable equipment services division RWD Kwikform.

The division has been placed under a strategic review and may well be sold by Interserve. RMD Kwikform currently accounts for around six per cent of the group’s turnover and a third of headline operating profit.

The announcement made recently by chief executive Adrian Ringrose, comes as Interserve reported pre-tax profits of £80 million (a rise of 28 per cent) and turnover of £3.2 billion (up 10 per cent) in 2015.

Mr Ringrose said: “Our performance in 2015 was good, resulting in 12 per cent operating profit growth in markets that continue to offer both opportunities and challenges.

“These issues were, however, partially offset in the year by strong performance in our building and fit-out businesses.

“In light of the changing shape of our portfolio over the last few years, we have started a strategic review of our equipment services business RMD Kwikform.”

RMD Kwikform’s revenue jumped from £195.5 million in 2014 to £211 million last year (a growth rate of eight per cent) and contributed £41.9 million to the group’s operating profit.

Mr Ringrose added: “Overall, we expect 2016 to be broadly steady compared to 2015 as underlying growth is restrained by the impact of a slower order intake following an election year and the impact of the National Living Wage.

“However, we expect to return to growth in 2017, underpinned by our strong positions in attractive markets.”

See the Business Sale Report guide to Searching for an acquisition opportunity.


Share this article



Latest Businesses for Sale

Manned Guarding, CCTV & Security Services
UK Wide

Profitable. Debt-free. 55+ customers. Accreditation. Well located. Repeat business (70%+). Relocatable/New lease/Freehold options. Blue-chip customer base. Offers Invited.

Asking Price: Offers Invited
Turnover: £6,000,000

RELOCATABLE


E-Commerce Retailer
North West, UK

The e-commerce retailer that sells goods imported from China and India through eBay and Amazon. Following a change in circumstances, the owner is now seeking to sell the business and retire. The business sells a wide range of imported products throug...

Asking Price: Offers Invited
Turnover: £800,000

LEASEHOLD


E-Commerce Retail / Wholesale Home Décor Products
UK Wide

Highly profitable and fast growing business in the home décor segment. Strategic acquisition for a synergy buyer. Staff in place if required or would be suitable for relocation. Lots of opportunities for expansion. Turnover increase YoY 2020-2021 was...

Asking Price: £1,200,000
Turnover: £2,199,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
24
 
Jun
 

E-commerce imports retailer up for sale for £1.6m | BUSINESS SALE

Deals Incorporated, a Manchester-based e-commerce retailer t...

 
23
 
Jun
 

Auto Trader completes acquisition of Autorama at nearly 16x gross profits | BUSINESS SALE

Auto Trader has completed the acquisition of new vehicle lea...

 
22
 
Jun
 

Acquisitive ESG consultancy set to be sold | BUSINESS SALE

An acquisitive environmental and sustainability consultancy ...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
12
 
Mar
 

Interserve faces administration warnings | ADMINISTRATION

Thought to be one of the UK’s largest providers of pub...

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

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.