U K
B U S I N E S S
P A R K
home page

The information below comes from the UK Activity Report.
Click here for further details

GE Capital GE Capital is seeking 200,000 sq ft of office space in the West End of London over the next five years, in order to consolidate staff from existing sites. 08-Aug-2005 GE Capital is to set up a new 50,000 sq ft London headquarters at Berkeley Square. 21-Jun-2004 GE Capital is said to be seeking a 250,000 sq ft office in the Thames Valley, in order to consolidate a number of existing sites by 2006. 19-Jan-2004 GE Capital Woodchester is planning to relocate its car finance business and up to 300 jobs from Edinburgh to Leeds. 18-Mar-2002 Kingfisher is to sell Time Retail Finance, its Leeds-based financial services operation, to GE Capital for £149m, as part of a strategy to focus on DIY and electrical retailing. 29-Jan-2002 National Mutual, the pensions company with 690 staff, has agreed to a £370m takeover offer from GE Capital, and will now seek approval from its members. 25-Jun-2001 GE Capital is to acquire iGroup, the mortgage lender, for £200m, as part of a strategy to expand its European financial services business. 30-May-2001 GE Capital has acquired Eagle Star Re, the reinsurance division, from Zurich Financial Services for undisclosed terms, but ZFS is to retain the remainder of its UK reinsurance business following the collapse of a proposed management buyout. 10-Oct-1998 Minorplanet Systems is forming an alliance with GE Capital Fleet Services for the supply of vehicle fleet management systems, and is also planning a rights issue in which GE Capital will participate. 30-Jun-1998 Barcom, the plant-hire company, has been acquired by GE Capital of the US for £41m, and GE is expected to follow this with similar acquisitions as it aims to become a leader in the UK plant-hire market. 07-Mar-1998 P&O's Australian operation is selling a 37.5% stake in Terminales Rio de la Plata, the Argentine container terminal business, to an infrastructure fund controlled by GE Capital. 06-Jan-1998 GE Capital Investments is to acquire P&P UK, the desktop computer business, from Skillsgroup for £11.5m. 06-Jan-1998 Storehouse is to launch a combined credit card and loyalty card to its stores in conjunction with GE Capital. 09-Oct-1997 Sea Containers is forming a joint venture with GE Capital called GE SeaCo in order to provide cost savings in the management of their marine operations. 26-Sep-1997 GE Capital is acquiring Credit Lyonnais's 54% stake in Woodchester, the Irish leasing company, in a deal that values Woodchester at £540m. 24-Sep-1997 GE Capital has acquired Stalwart Group, the specialist insurance company, for £43m. 15-Sep-1997 GE Capital Services is acquiring the travel insurance business of Culver Holdings for up to £4.7m. 14-Aug-1997 GE Capital of the US is to acquire Central Transport Rental Group for £118m, creating the largest trailer rental group in Europe. 30-Jul-1997 NFC has sold its Lynx parcels business to management for £26m, and its BRS car lease business to GE Capital of the US for £120m, in order to focus on its core business. 05-Jun-1997 TIP Europe, the GE Capital Services division, has bought Smith Self Drive, the truck rental company, for £45m. 24-Apr-1996 Evans Halshaw has sold its contract hire financing business to GE Capital Fleet Services for about £11.4m. 08-Dec-1995 GE Capital has bought Leasecontracts, the vehicle contract hire concern, from Rutland Trust who will use the money to help pay for Thamesport. 17-Oct-1995 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007