Acquisition By Whitbread PLC
By 1995, there were 18 David Lloyd Leisure clubs when Whitbread PLC acquired the company for £182 million, incorporating it into its Restaurants & Leisure Division. David Lloyd remained as managing director of the division until 1996.
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Famous quotes containing the word acquisition:
“Wars and revolutions and battles are due simply and solely to the body and its desires. All wars are undertaken for the acquisition of wealth; and the reason why we have to acquire wealth is the body, because we are slaves in its service.”
—Socrates (469–399 B.C.)