Deal of the Year

Safestore’s £209 Million Takeover of Mentmore Abbey Named Birmingham Deal of the Year

The £209 million takeover of a storage company by a competitor five times smaller has been named the Birmingham Deal of the Year.

Safestore Holdings became the biggest self storage company in Britain after spending £209 million to acquire Mentmore Abbey.

The Hertfordshire firm is now the second largest storage company in Europe, with an annual turnover of £50 million.