Bodycote gets twin private equity bids as buyers feast on London market
- Posted on August 5, 2026
- By Financial Times
- 1 Views
- 1 min read
In brief
Bodycote, a prominent FTSE 250 industrial services company, has attracted competing acquisition proposals from two major private equity firms. Both CVC and Veritas Capital have submitted bids valuing the thermal processing and specialist testing provider at approximately £1.8 billion including debt. This bidding war reflects the continued appetite among buyout firms for quality industrial assets trading on London markets, signaling renewed confidence in the sector's growth potential and operational improvement opportunities.
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Bodycote gets twin private equity bids as buyers feast on London market
Separate offers from CVC and Veritas value FTSE 250 industrials group at about £1.8bn including debt
