Savills PLC
6 September 2000
SAVILLS PLC
Acquisition of residential estate agency and building
consultancy business
The Directors of Savills plc ('Savills') are pleased to
announce the acquisition by its wholly owned subsidiary,
FPDSavills Limited, of G E Sworder Limited, a residential
estate agency and building consultancy business in
Bishop's Stortford.
The value of the net assets acquired as shown in the
audited accounts for the year ended 30 November 1999
(audited) is approximately £58,000.
Rupert Sebag-Montefiore, Director of Savills, commented:
'Hertfordshire is an area we have been looking at for
some while now as a link with the operating areas of our
Cambridge and Chelmsford offices and we are delighted to
have acquired such an important local business. G E
Sworder has been in existence for over 200 years and
during that time has developed a highly focused and
specialised local knowledge.'
Further enquiries, please contact:
Rupert Sebag-Montefiore, Savills plc
020 7409 8845
Mark Edwards/Bobbie Swanson, Buchanan Communications
020 7466 5000
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