Business Sale News

Pure Gym buys rival business LA Fitness

Fri, 29 May 2015 | BUSINESS SALE
Pure Gym has confirmed this morning (29 May) that the company has purchased its rival LA Fitness. The deal will see LA Fitness and its 43 clubs added to Pure Gym's 98 clubs, enabling Pure Gym to accelerate its expansion plan... continue reading

Tastecard business for sale

Tue, 26 May 2015 | BUSINESS SALE
Discount restaurant club Tastecard is due to be put up for sale by Didix, a rival Dutch restaurant promotions company that bought Tastecard in September 2014, The Daily Telegraph reports. The company also owns UK Gourmet Society ... continue reading

Formula 1 Team Caterham assets for sale

Wed, 20 May 2015 | BUSINESS SALE
The second auction of the assets of F1 Team Caterham is set to take place today (20 May) with a range of interesting equipment and machinery up for sale. Caterham Sports Ltd, located in Leafield, Oxfordshire, entered administrati... continue reading

Lythe Care Home for sale

Mon, 18 May 2015 | BUSINESS SALE
Lythe Care Home is for sale with a price tag inviting offers of £1.3 million or above. Located near Cullen in Moray, Scotland, the care home has been the subject of some controversy after the Care Inspectorate highlighted a... continue reading

Enterprise Inns sells off pubs

Thu, 14 May 2015 | BUSINESS SALE
A major change in the pub industry has prompted big player Enterprise Inns to sell off a large swathe of its pubs. The company is set to sell off 1,000 pubs, while also increasing the number of outlets that it operates under its ... continue reading

Michelin completes purchase of Black Circles tyre business

Thu, 07 May 2015 | BUSINESS SALE
French tyre company Michelin has completed its purchase of Scottish tyre fitters Black Circles. Founded by chief executive Mike Welch when he was just 21 (he is now 36), Black Circles is a healthy company that developed a new bus... continue reading

Diageo exploring business sale for wine division

Wed, 06 May 2015 | BUSINESS SALE
Diageo is reportedly exploring a business sale of its wine division, which would include Sterling Vineyards and Blossom Hill. The company, which is also behind big names such as Smirnoff and Guinness, has reportedly been witnessi... continue reading

Acquisition movement prompts reshuffle in London hotel market

Fri, 24 Apr 2015 | BUSINESS SALE
The future of the upmarket London hotel sector looks set for a bit of a rethink after the Barclay brothers, who own the Telegraph, confirmed that they have sold their stake in Coroin. Sir Frederick and Sir David Barclay bought a ... continue reading

Caledonian Marts bought out of administration

Thu, 23 Apr 2015 | BUSINESS SALE
A distressed livestock market business has been bought out of administration almost instantly. Caledonian Marts (Stirling) Ltd was forced into administration after struggling to raise funds following a write-off of £4 mill... continue reading

Property management firm sold

Tue, 21 Apr 2015 | BUSINESS SALE
Property management firm Grant & Wilson has been sold off in parts to three separate property firms. The Glasgow-based company had several different divisions, including lettings and sales. Its Edinburgh and Aberdeenshire residen... continue reading

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