CVC Advisers abandoned its bid for Bodycote, paving the way for Veritas Capital's £1.85 billion takeover offer. Bodycote provides heat-treatment and metal-processing services to key industrial sectors
reuters · 2026-09-27 23:42
Private equity firms are acquiring UK industrial and energy companies like Bodycote and Capricorn, raising concerns about foreign ownership despite government reindustrialisation goals. Analysts note
theguardian · 2026-09-02 00:56
Veritas Capital agreed to acquire UK's Bodycote for $2.5 billion, securing its thermal processing services for aerospace and industrial sectors. The deal represents a 34.5% premium and aligns with Ver
reuters · 2026-08-31 23:38