
Endless acquires Niagara LaSalle
UK turnaround specialist Endless has acquired Niagara LaSalle UK Limited from its US parent company Niagara Corporation.
The transaction was valued at £27m and is the 12th investment for Endless Fund II. As part of the acquisition, the group acquired a number of properties it operates from within the UK, together with agreeing a comprehensive supply agreement to ensure enhanced trading with its former parent company in the US.
Headquartered in Willenhall, West Midlands, the company provides hot rolled and bright steel bars in engineering steel grades. With more than 300 employees, the company generated a turnover in excess of £60m in 2010.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com
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