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Pin to quick picksBegbies Share News (BEG)

Share Price Information for Begbies (BEG)

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Share Price: 107.50
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IN BRIEF: Begbies buys Sheffield-based surveyor Mark Jenkinson & Son

Thu, 02nd Mar 2023 16:31

Begbies Traynor Group PLC - Manchester-based business recovery, financial advisory and property services consultancy - Says Eddisions will expand its operations in Sheffield through the acquisition of Mark Jenkinson & Son, a firm of chartered surveyors with a focus on property auctions, for GBP400,000. Says the acquisition will expand its existing Sheffield team, following the October 2021 acquisition of Fernie Greaves Chartered Surveyors, whilst integrating with and expanding its property auction business. Adds that the Mark Jenkinson & Son business generates annual fee income of around GBP1 million.

Eddisons is the property advisory and transactional services division of Begbies Traynor.

Eddisons' Managing Partner Anthony Spencer says: "The acquisition of the Mark Jenkinson & Son business will enhance our existing property auction team and grow our successful team in Sheffield and South Yorkshire. I am very pleased to welcome the team to Eddisons and to the wider Begbies Traynor Group."

Current stock price: 138.27 pence

12-month change: up 30%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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