Segro completes Brixton deal

Segro has completed the acquisition of Brixton.

Brixton Shares were delisted from the stock exchange from 8:00 am, and Segro shares were issued to Brixton the same time.

Peter Dawson, Brixton’s Chief Executive, Steven Owen and Steven Lee have resigned as directors of Brixton and have been replaced on the board of Brixton by Ian Coull, David Sleath and Ian Sutcliffe.

Ian Coull, Chief Executive of SEGRO plc commented: “We would like to thank the Brixton board for their assistance with completing the acquisition and their input at the start of the process to integrate Brixton into the SEGRO group”.

Peter Dawson, commented: “On behalf of my fellow directors, we would like to wish the new group every success in the future and thank all of the Brixton staff for their hard work, support and immense professionalism throughout a very challenging period.”

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