Business Sale News

Grand Hotel in Brighton in a £50m sale

Wed, 27 Nov 2013 | BUSINESS SALE
The Grand Hotel in Brighton has been put on the market for £50 million, though the sale won’t be rushed the De Vere Group says. The hotel will continue to trade as normal for the duration of the marketing and eventual... continue reading

Diageo considers putting whisky business up for sale

Tue, 26 Nov 2013 | BUSINESS SALE
The world’s biggest Scotch whisky distiller, Diageo, could sell off most of its Whyte and Mackay business in order to appease competition authorities. The Office of Fair Trading (OFT) has stated that there was a “like... continue reading

Upmarket caterer Searcys for sale

Mon, 25 Nov 2013 | BUSINESS SALE
Prestigious catering company Searcys has been placed on the market for £20-£30 million due to the ill health of its owner. Harish Patel, Indian businessman and the main owner, has brought in advisors from BDO to sell ... continue reading

Thomas Cook sells forex businesses

Wed, 20 Nov 2013 | BUSINESS SALE
Thomas Cook Group has confirmed the sale of its corporate forex business. The travel company has sold Thomas Cook CFX to Moneycorp in a deal thought to be worth £4.5 million. Harriet Green, chief executive of Thomas Cook,... continue reading

Burton's Biscuits finalising business sale

Mon, 18 Nov 2013 | BUSINESS SALE
Burton's Biscuits, the manufacturer behind brands including Jammie Dodgers and Wagon Wheels, is finalising a sale of its business to a Canadian pension fund. Sky News has learnt that the business was due to confirm the sale ... continue reading

Springfield Homecare Services completes purchase of Pathways to Independence

Thu, 14 Nov 2013 | BUSINESS SALE
Domiciliary care provider Pathways to Independence has been sold on to Springfield Home Care Services. Business Growth Fund, which invests in SMEs to support growth, sold the care business for an undisclosed amount to Springfield... continue reading

St David's city centre hotel for sale

Wed, 13 Nov 2013 | BUSINESS SALE
A hotel, which sits at the heart of Wales’ smallest city St David's, has been placed on the market for £750,000. Colliers International has been tasked with selling the three-star, 16-bedroom hotel, which has onl... continue reading

Manufacturer bought out of administration

Wed, 13 Nov 2013 | BUSINESS SALE
Electronics manufacturer Marsden Smith Ltd has been bought out of administration. The business appointed Simon and Daniel Plant of SFP at the end of October after amassing substantial debts, including significant levels of debt t... continue reading

Acquisition 'not top priority' for MPM Products

Wed, 06 Nov 2013 | BUSINESS SALE
MPM Products, a pet food maker based in Macclesfield, has squashed rumours that the business might be for sale in the near future but suggested that the firm is still open to the idea if the right buyer was to come forward. The c... continue reading

Tilda Rice owners put business up for sale

Mon, 04 Nov 2013 | BUSINESS SALE
The Tilda Rice business is for sale with the owners expecting to get around £250 million from the disposal. Tilda was founded by the Thakrar family who fled Uganda after being expelled by dictator Idi Amin around 40 years a... continue reading

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