Peel Pepper (UK) Limited to acquire Harworth Group plc

Peel Pepper (UK) Limited has agreed to acquire Harworth Group plc, a real estate business based in the United Kingdom, in a going private transaction. The deal, which was announced on 6 August 2026, carries a headline offer value of 582.88 million pounds. The consideration for this acquisition is structured entirely in cash, providing shareholders with a direct financial exit from the public market. This move marks a significant shift for Harworth Group, transitioning it from a publicly listed entity to a privately held company under the control of Peel Pepper. The transaction represents a substantial valuation for the target firm within the UK property sector, reflecting the buyer’s intent to take full ownership of the business operations and assets currently held by the public company.

The agreement signifies a firm intention to proceed with the acquisition, as indicated by the current status of the deal. Both parties are now focused on finalising the necessary legal and regulatory requirements to complete the transfer of ownership. The completion date has not yet been determined, and the transaction remains subject to standard closing conditions. Stakeholders are awaiting further updates regarding the timeline for the finalisation of the deal. This private equity-style buyout is expected to reshape the strategic direction of Harworth Group, allowing for long-term planning without the pressures of quarterly public reporting. The outcome will determine the future governance structure of the real estate portfolio.