Add-on Acquisition • Business Services

Christie Group Acquires Orridge & Co.

On December 17, 2002, Christie Group acquired business services company Orridge & Co.

Acquisition Context
  • This is Christie Group’s 1st transaction in the Business Services sector.
  • This is Christie Group’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date December 17, 2002
Target Orridge & Co.
Sector Business Services
Buyer(s) Christie Group
Deal Type Add-on Acquisition

Target Company

Orridge & Co.

Aldridge, United Kingdom
Orridge & Co. Ltd. is an independent stocktaker in the UK serving the Retail Sector. It has been established for 156 years and its clients include major retailers. Orridge conducts a wide array of Stock and Inventory services focused on retail, warehousing distribution, manufacturing, industrial and pharmacy sectors.
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Buyer Overview 1

Buyer

Christie Group

London, United Kingdom

Category Company
Founded 1846
Sector Business Services
Employees628
Revenue 60M GBP (2024)
DESCRIPTION

Christie Group is a professional business services group with 46 offices across the UK, Europe, and Canada, catering to its specialist markets in the leisure, retail, and care sectors. Christie Group operates in two complementary business divisions: Professional Business Services (PBS) and Stock & Inventory Systems & Services (SISS). These divisions trade under the brand names: PBS - Christie & Co, Pinders, Christie Finance, and Christie Insurance; SISS - Orridge, Venners, and Vennersys. Christie Group was incorporated in 1846 and is based in London, England.


Deal Context for Buyer #
Overall 2 of 4
Sector: Business Services 1 of 2
Type: Add-on Acquisition 2 of 4
Country: United Kingdom 1 of 3
Year: 2002 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-03-08 Groupe Timeless SA

France

Groupe Timeless SA is a supplier of EPoS and Head Office systems to the fashion retail sector, with an established customer base of 3,000 licences in Europe. Timeless is complementary to Christie's software business, Venners Computer Systems, which specialises in providing EPoS systems, site management software and e- business solutions to the leisure and hospitality markets.

Buy £7M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-18 West London Estates

Reading, United Kingdom

West London Estates is a Reading-based firm of Chartered Building Surveyors providing a range of services to a cross section of corporate, private and public sector clients.

Buy -