"I am sure any director worth his salt would agree that, in the current climate, there are simply too many companies chasing too little market," said Plimsoll Industry Analysis – exhibition and event organisers author David Pattison.
"With many directors eyeing the exit doors and highly leveraged buyouts consigned to history for the time being, it really is a buyers market out there for cash rich companies."
The research found that 230 companies have a sizeable cash reserve that are generating nothing due to low interest rates, providing them with an opportunity to create profit and use this extra money to buy out competitor companies.
"The UK Exhibition & Event Organisers market is still widely regarded as one of the UK’s most fragmented sectors," added Pattison.
"In our report we analysed 319 companies with a turnover of over £1m per annum and have picked out 135 that are primed to be taken over. Buying one of these businesses represents a massive opportunity for someone to enhance their share of the market. Either way, the market is set for a wave of takeovers in the next months."
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"With many directors eyeing the exit doors and highly leveraged buyouts consigned to history for the time being, it really is a buyers market out there for cash rich companies."
The research found that 230 companies have a sizeable cash reserve that are generating nothing due to low interest rates, providing them with an opportunity to create profit and use this extra money to buy out competitor companies.
"The UK Exhibition & Event Organisers market is still widely regarded as one of the UK’s most fragmented sectors," added Pattison.
"In our report we analysed 319 companies with a turnover of over £1m per annum and have picked out 135 that are primed to be taken over. Buying one of these businesses represents a massive opportunity for someone to enhance their share of the market. Either way, the market is set for a wave of takeovers in the next months."
To leave a comment and let us know your thoughts.