M&A Deal Summary

Hammerson Acquires LxB Holdings

On August 2, 2006, Hammerson acquired real estate company LxB Holdings for 425M GBP

Acquisition Highlights
  • This is Hammerson’s 3rd transaction in the Real Estate sector.
  • This is Hammerson’s 0th largest (disclosed) transaction.
  • This is Hammerson’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2006-08-02
Target LxB Holdings
Sector Real Estate
Buyer(s) Hammerson
Deal Type Add-on Acquisition
Deal Value 425M GBP
Advisor(s) Clifford Chance (Legal)

Target

LxB Holdings

London, United Kingdom
LxB Holdings Limited,a property company specialising in out-of-town retail property. Each of the properties has an open A1 planning consent.

Search 199,713 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Hammerson

London, United Kingdom
Category Company
Founded 1942
Sector Real Estate
Employees164
Revenue 128M GBP (2023)
DESCRIPTION

Hammerson is a provider of high-quality retail property. The Company focuses on winning locations: prime regional shopping centres, convenient retail parks and premium designer outlet villages. Hammerson was founded in 1942 and is based in London, England.

DEAL STATS #
Overall 3 of 7
Sector (Real Estate) 3 of 7
Type (Add-on Acquisition) 3 of 4
Country (United Kingdom) 1 of 3
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-03 Bercy 2

The Charenton, France

Bercy 2, a 35,000 square metre shopping centre.The structure, which follows the curvature of the bend device, evokes a large airship . It consists of a wooden structure, stainless steel covered with tiles, forming a large close.

Buy £44M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-10 Groupe Financiere Duval

France

Groupe Financiere Duval constructs,operates,develops in real estate services.The company designs and constructs commercial facilities, corporate buildings and logistics platforms, mixed operations in town centers, and housing and tourist accommodation properties, as well as homes for the elderly and public-private partnership operations.

Buy €30M
Mergr

Product

Company

Legal