Restore plc

Restore plc
Formerly
 Mavinwood plc (2004-2010)
Public limited company
Traded as LSE: RST
Industry Support Services Company
Founded  ()
Headquarters Redhill, Surrey, England
Area served
 UK
Key people
  • Charles Skinner (Chief Executive)
Revenue £129.4 Million (2016)[1]
£25.0 Million (2016)[1]
£23 Million (2016)[1]
Total assets £294.4 Million (2016)[1]
Total equity £152.1  Million (2016)[1]
Number of employees
 1800(2016)[1]
Divisions Records Management Datashread Scan Business Relocation
Website www.restoreplc.com

Restore plc is an AIM British Relocation and documentation management company based in Redhill, Surrey, Since 2010 it has mainly expanded through acquisition, consolidating the markets in which it operates.

Acquisitions

In November 2015 Restore bought Wincanton Records Management (WRM) from Wincanton plc for £55.7 Million. [2]

In August 2016 Restore purchased PHS data solutions for £83.1m, PHS itself has acquired over 250 businesses since 1996.[3][4]

In 2017 the company made a number of acquisitions,On 9 January 2017 Restore acquired Reisswolf Wales, a secure shredding business based in Welshpool, Wales for £800,000.[1] On 23 January, Restore acquired ID Secured Limited, trading as Reisswolf London, a Bedfordshire-based secure shredding business for £400,000.[1] On 20 February, Restore acquired The ITAD Works Ltd, a Surrey-based IT recycling company for £1.9m.[5][1] On 16 August, Restore acquired Baxter confidential for and undisclosed price.[6] On the 11 September Restore announced it would acquire Lombard Recycling Limited and Data Shred Limited [7]

References

  1. 1 2 3 4 5 6 7 8 9 "Morningstar Article". Morningstar Inc. Retrieved 19 March 2017.
  2. ↑ https://www.insidermedia.com/insider/southwest/wincanton-sells-records-management-arm-for-55.7m
  3. ↑ http://www.walesonline.co.uk/business/business-news/phs-data-solutions-agreed-sale-11649772
  4. ↑ http://www.fmj.co.uk/restore-completes-phs-data-solutions-acquisition/
  5. ↑ http://www.recyclingtodayglobal.com/article/restore-itad-works-escrap/
  6. ↑ https://www.insidermedia.com/insider/southeast/listed-group-buys-secure-paper-shredding-business
  7. ↑ http://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=3&vw=story&SecurityToken=0P00007YY4%5D3%5D0%5DE0WWE%24%24ALL&Id=0P00007YY4&ClientFund=0&CurrencyId=BAS&story=384822628070221
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