London-listed, attractions-based Challenger Acquisitions has announced its successful acquisition of the Starneth Group, the Dutch business which specialises in the design and engineering of giant observation wheels and structures.
In addition to the acquisition, the company has invested $3 million for a 2.463% interest in the 630-foot New York wheel project. Following the acquisition and investment, Challenger has readmitted its shares to trading on the Standard List of the London Stock Exchange.
Leading national audit, tax and advisory firm Crowe Clark Whitehill acted as reporting accountants to the transaction. Our capital markets team was led by Paul Blythe.
— Mark Gustafson, Executive Chairman, Challenger Acquisitions
— Paul Blythe, Corporate Finance Partner, Crowe Clark Whitehill