Worksop events firm sold for £2.5m

Worksop-based barrier and fencing company Events Solutions has been sold to listed London firm Arena Events Group for £2.5m.

The deal will see the Worksop-based company integrated into Arena’s current UK business. Events Solution’s core product range includes pedestrian barriers, Heras fencing, front of stage and Metropolitan Police barriers, as well as gantries and staging. The company works for the likes of British Cycling, Live Nation, music festivals and local councils. Turnover for last year stood at £1.5m with a pre-tax profit of £400,000.

James Wood, managing director of Events Solution, said: “Since being established in 2010, Events Solution has established an array of clients ranging from film premieres in Leicester Square to mass participation events to national music tours and festivals. Joining Arena will give us the resources and extended network to continue growing our client portfolio in line with our ambitions. Myself and the team are very excited about a strong future as part of Arena.”

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