Tilbury Douglas has agreed to buy How Group, the facilitiesmanagement and engineering services company, for £46.6m. Tilbury Douglas is a construction company. The acquisition positions it to take advantage of the growing number of companies contracting out the management of their buildings.
How made £3.7m of operating profit on sales of £155m in the year to the end of December.
- The Times 14/05/98 page 33
- Financial Times 14/05/98 page 32 (News Digest), page 58
- The Daily Telegraph 14/05/98 page 32
