Announced

Foxtons Group completed the acquisition of Ludlow Thompson for £10m.

Synopsis

Foxtons Group, London's largest lettings agent, completed the acquisition of Ludlow Thompson, a high-quality, lettings focused estate agent operating across 7 branches in London, for £10m. The acquisition will support future earnings growth as it is integrated into Foxtons scalable operating platform, enabling synergies to be unlocked and attractive returns on invested capital to be realised.

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