Siteserv sold to Denis O'Brien firm for €45m

UPDATE: Support services group Siteserv has been sold to Millington, an acquisition vehicle controlled by Denis O'Brien, for approximately €45.42 million in cash.

16th March, 2012
Siteserv sold to Denis O'Brien firm for €45m
Denis O'Brien: investment vehicle has bought Siteserv

Support services group Siteserv has been sold to Millington, an acquisition vehicle controlled by Denis O'Brien, for approximately €45.42 million in cash.

Siteserv confirmed last July that its debt facilities had been renegotiated with IBRC and their associated maturity date had been revised to the end of this year. In January the company said that it was exploring a number of strategic and corporate options for discussion with IBRC in advance of expiration of its...

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