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Restore plc Concludes GBP6 Million Commercial Relocation Unit Sale

MT Newswires·12/09/2025 05:08:31
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05:08 AM EST, 12/09/2025 (MT Newswires) -- Restore plc (RST.L) finalized the sale of its Restore Harrow Green unit to Pickfords Move Management's Bouverie Holdings. The British data management company said Tuesday that it sold the commercial relocation unit for 5.5 million pounds sterling, which includes a 2 million-pound deferred payment that will be subject to the sold company's 2026 performance. Proceeds from the sale were earmarked to pay down its debt facility.