Peel Bidco to acquire Harworth Group plc

Peel Bidco has agreed to acquire Harworth Group plc in a tender offer for the UK-based real estate business. The transaction was announced on 17 September 2026 and is currently at the firm intention stage. Consideration for the deal will be provided entirely in cash, although no specific headline value or currency amount has been reported by the parties involved. Harworth Group operates within the property sector and is headquartered in Great Britain. Peel Bidco acts as the acquiring entity in this proposed transaction, seeking to take control of the target company through a formal tender offer process. The structure indicates a straightforward acquisition without complex merger arrangements or management buyout dynamics. No details regarding the financial valuation or specific share price have been disclosed at this time. The deal remains pending further developments and regulatory considerations before any completion can occur.

The transaction is subject to regulatory approval and other customary closing conditions. As of the latest update, the status remains a firm intention to proceed with the acquisition. No completion date has been set, and the timeline for finalising the deal depends on satisfying all necessary legal and regulatory requirements. Stakeholders are awaiting further announcements regarding the progress of the tender offer process.