Mitie Agrees £366m Deal to Buy Lord Ashcroft-Founded Firm Marlowe

Mitie agrees £366m deal to buy Lord Ashcroft-founded firm Marlowe

Mitie said it hopes to cut costs by £30 million a year across the combined group after the takeover.

AIM movers: Marlowe recommends Mitie bid and ex-dividends

Sundae Bar (LON: SBAR), which moved from Aquis on Tuesday, has launched the live beta AI agent marketplace. Three AI agents have signed up. The AI agent market is worth $5.1bn. There was a placing raising £2m at 8p/share. The company was formed from the merger of Kondor AI and Ora Technology. The share price […] The post AIM movers: Marlowe recommends Mitie bid and ex-dividends appeared first on UK Investor Magazine.

Mitie in £366m offer for Lord Ashcroft-founded firm as revenue soars

The FTSE 250 firm said the takeover of the AIM-listed testing and inspection group would deliver £30m of cost synergies as part of its full-year results today

Specialist services firm snapped up by outsourcer Mitie in £366m deal

Move will help make group UK's leading ‘facilities transformation’ company

Mitie Group makes bid for Lord Ashcroft-founded Marlowe

Mitie Group has made a £366m offer for Lord Ashcroft-founded Marlowe, as revenue surged 13 per cent at the outsourcing giant. The FTSE 250 firm said the takeover of the AIM-listed testing and inspection group would deliver £30m of cost synergies as part of its full-year results today. “Adding Marlowe’s 3,000 highly respected colleagues to Mitie’s capabilities and providing access to Mitie’s clients will generate significant revenue growth opport…

'My modest father was a D-Day hero - this is why he filled me with pride' - Lord Ashcroft

Published in the Daily Express on 04 June 2025. EXCLUSIVE: In a raw, emotional and deeply personal tribute, Lord Ashcroft pays homage to his D-Day hero father and the tens of thousands of fellow warriors who stormed the beaches of Normandy in Nazi-occupied France on June 6, 1944, as part of the mighty military invasion that helped hasten the end of the Second World War. The fact that there are still Second World War veterans who are determined t…