Showing posts with label Colmis. Show all posts
Showing posts with label Colmis. Show all posts

Thursday, 19 September 2013

Millbrook sale edges closer

Those expecting news of the sale of Millbrook proving ground in Lidlington, Bedfordshire, will have to wait a little while longer for the details to emerge.

Insiders note that while a signing could be ‘close’ the actual public release of contractual details regarding the new owner and its plans for the extensive proving grounds to the north of London will not emerge until ‘late November or early December’.

The process of due diligence, always a problem in the sale of any business, has proved to be unusually lengthy considering the relatively small size of the business.