Veritas Capital to pay 940p per share for Bodycote
- Location
- Macclesfield (Cheshire) · 🇬🇧 United Kingdom
- Sector
- Industry
- Organisations
- Veritas Capital ↔ Bodycote plc
- Transaction
- Recommended takeover offer
- Volume
- £1.65bn equity value (approx. £1.85bn enterprise value)
- Status
- announced
US investment firm Veritas Capital agreed on 1 September 2026 with the board of UK thermal-processing specialist Bodycote plc on a recommended cash offer of 940 pence per share (equity value approx. £1.65bn, enterprise value approx. £1.85bn). Bodycote operates around 130 facilities in 22 countries providing heat-treatment/thermal-processing services to aerospace, automotive, energy and industrial customers; Veritas prevailed over rival bidders Apollo and CVC (Bloomberg, Yahoo Finance/Reuters, 1 September 2026). (Bloomberg, 1 September 2026; Yahoo Finance/Reuters.)
Source: uk.finance.yahoo.com ↗ · Archived copy ↗
Further sources: bloomberg.com ↗ (Archived copy ↗)
Evidence: 2 independent sources · archived copy saved · How well sourced is Eurotrack?
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