King Sturge is set to add insolvency advice to its arsenal of services through the purchase of Birmingham-based firm Bache Treharne.
The sale of the 30-strong firm, headed by Peter Bache, is expected to complete in two weeks.
It marks an early move by one of the UK’s largest property services companies to arm itself with insolvency and receivership services as the market continues to slow in 2008.
In addition, the deal will make King Sturge the country’s largest plants and machinery valuer and auctioneer.
Bache Treharne has offices in London, Leeds and Dublin.
By Property Week, 18/01/08
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