Fri, 29 Jul 2016 | BUSINESS SALE
Pinewood Group, the company behind Pinewood Studios, is on the verge of being purchased by a real estate private fund in a £323 million deal.
A successful sale will ensure new investment for Pinewood, to include a £200 million boost to its core UK operations. It had brought in Rothschild back in February to pursue options such as a takeover. Someone close to the deal said Rothschild had spoken with over 180 possible buyers.
The deal will depend on the buyer, property investment fund Aremont Capital, securing financing in the next four weeks. Aermont was part of the US investment bank Parella Weinberg, but split away in July last year.
Aermont has a licence to buy property assets and “corporate operating businesses that have a real estate component”. It intends, according to a person familiar with the fund's plans, to plug investment into Pinewood's operating business to speed up its existing expansion plans.
Pinewood Studios has provided the setting for many blockbuster films since it opened in 1936. These include the James Bond films The Spy Who Loved Me, Spectre and Skyfall and in fact built a 60,000 sq. ft. stage, which has been used for the ongoing film series. Others include the Carry On films, the Superman films, Harry Potter and The Fifth Element.
Search for a business for sale
The company is a provider of scaffolding hire and erection services, catering to a diverse client base in South East England. The company covers a range of projects, including domestic and commercial properties, listed buildings and sites with restri...
This well-regarded and relocatable health food business has now come to the open market. Since its establishment in 2021, the business has acquired a great reputation amongst its customers, known for its quality service and friendly staff. Both its l...
RELOCATABLE
An opportunity to acquire the business and/or assets of a prolific IT Training provider based in the South East.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.