Mon, 22 Aug 2011 | DIVISION SALE
Mears Group is looking to sell Haydon, its ‘non-core’ mechanical and engineering division.
Mears Group, based in Gloucester, is one of the largest listed housing repair and maintenance providers in the UK. Investec is acting as Mears’ adviser in the sale. A price for Haydon has not been revealed.
Haydon specialises in properties in the healthcare, education and residential industries that are worth over £1 million.
The sale will enable Mears to concentrate on its core activity of repairing buildings, as well as expanding its new care services team, which works to support about 20,000 elderly and vulnerable people.
Mears bought Haydon in 1999, which has developed into one of the largest contractors in the South of the UK.
Haydon was set up as a hardware store in 1885 by Captain William Haydon to sell a large range of items including lawn mowers, sewing machines, baths, guns and ammunition. Today it has over 360 employees and is based in Docklands, East London.
Mears has reported an increase in sales by 16 per cent to £292.3 million for the first six months of the year. With its recent acquisition of Choices, the supported living business, the group aims to improve its care services.
Bring to the market this leasehold specialist car sales and servicing facility located in Horncastle, Lincolnshire. The trade was established as a limited company in 2005.
LEASEHOLD
The company is an online vehicle purchasing platform, providing a fast, hassle-free car-selling service for the end user. A competitor to the likes of webuyanycar.com and Motorway, the company is a well-established online vehicle purchasing platform...
Bringing to the market this denim and casual wear retailer, boating a user friendly comprehensive online presence.
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.