A Manchester-based billionaire has tabled a £583 million takeover offer for Harworth Group, the AIM-listed developer that has spent two decades turning former collieries, steelworks and industrial wasteland across the North of England and Midlands into housing estates, logistics parks and employment sites. The approach, disclosed this week, values the company at a significant premium to its recent trading price and marks one of the largest take-private bids for a UK-listed property business since interest rates began climbing in 2022.
£583m Harworth Bid Signals Fresh Investor Confidence in Brownfield Land
A Manchester billionaire's £583m approach for Harworth Group exposes deep-pocketed appetite for UK regeneration land and logistics assets.
Topics
Harworth GroupManchester billionairebrownfield regenerationlogistics landtake-private deal

