Argent Industrial buys UK-based Ramsden Group for GBP 10.84 million

Reuters2026/07/17 07:30

By:Reuters

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Argent Industrial, via Argent Industrial UK, acquired the Ramsden Group in the UK for cash consideration of GBP 10.84 million.
Deal covered Ramsden and Whale, Ramsden Pallets, Drumcare Holdings, including their operating subsidiaries in drums, pallets, IBC reconditioning.
Completion date was July 16, 2026; no outstanding conditions precedent.
Consideration included GBP 2.49 million for property assets; GBP 8.35 million based on earnings at a 5.5x P/E multiple.
Ramsden Group net assets were GBP 4.94 million; profit after tax was GBP 1.52 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Argent Industrial Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524259), on July 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Argent Industrial buys UK-based Ramsden Group for GBP 10.84 million

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