Division Sale News

Tekmar Group disposes of subsea company for £1.9m

Mon, 06 May 2024 | DIVISION SALE
Tekmar Group, a Darlington-based supplier of technology and services to the global offshore energy industry, has disposed of Subsea Innovation Limited in a £1.9 million deal as part of its plan to strengthen its performance ... continue reading

Esken to sell renewables division at £107.7m enterprise value

Mon, 06 Nov 2023 | DIVISION SALE
Aviation and renewables group Esken has announced the sale of its renewables division to Pioneer Balmoral UK, as part of the process of winding down its business. According to Esken, the deal reflects an equity value of £84.... continue reading

Aggregates firm expands with acquisition of resin surfacing business

Thu, 12 Oct 2023 | DIVISION SALE
A Derbyshire-headquartered aggregates group has expanded with the acquisition of a resin surfacing business. Derbyshire Specialist Aggregates says its acquisition of Geveko Markings’ resin surfacing operations marks a signif... continue reading

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

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Jul

Assets to be sold as Warwickshire caravan dealer falls into administration | ADMINISTRATION

A caravan dealer headquartered in Warwickshire has fallen in...

Jul

Business management consultancy completes latest acquisition | BUSINESS SALE

Business management consultancy EMB Group has completed its ...

Jul

South West burger chain acquired out of administration | BUSINESS SALE

A burger chain with restaurants across the South West of Eng...

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