Chestertons

1993 Despite "probably the most difficult year that the property industry in the UK has experienced since the 1950s", Chesterton continued its acquisitions with the Manchester office merging with Guest Shaw, the acquisition of John E Mitchell heralding the opening of a Nottingham office and the purchase of John Hubbard, and Pollock & Buchan bolstering the company's presence respectively in the North East of England and London [7]1994 Chesterton International gained a listing on the London Stock Exchange and acquired Conroy Hunter in Scotland, Consolidated FPM Group[8] Goddard and Smith, and quantity surveyors; Cyril Sweett[9][11] After disappointing results, the company made several changes to its senior management with Chief Executive Giles Ballantine stepping down and the appointment of Ian Fleming as finance director, who joined from Wimpey Homes.[12] Despite Exchequer Partnership plc being named as the preferred bidder, negotiations regarding refurbishing the Treasury buildings were terminated due to the financial risks to the government[14]2000 In May 2000 the contract for the refurbishment of Government Offices Great George Street was signed by Exchequer Partnership plc (by now consisting of Chesterton, Bovis Lend Lease and Stanhope),[17] for commencement on site in July 2000, with a scheduled completion date of August 2002[14]2003 Chesterton International was, after a long and colourful battle including the withdrawal of a bid from a listed company,[20] the sacking of the Chief Executive and Chief Operating Officer[21] and a 'spoiler' bid from Manchester & Metropolitan,[22] taken over by Phoenix Acquisitions, a vehicle of Mohammed Jafari-Fini[23] with the company being delisted from the Stock Exchange in July 2003.In the latter part of the year the company sold its Facilities Management division to Johnson Service Group and its share in Exchequer Partnerships to other partners Stanhope and Bovis Lend Lease.[29] The Chesterton brand stayed with the residential division which was purchased as a 16 office strong operation focused on central London[28] by a joint venture between Vincent Tchenguiz, Credit Mercantile Group and CIC International.2007 Arqaam, formerly CIC International, and part of the Saudi Arabian Commercial Investment Corporation sold its stake in Chesterton to Vincent Tchenquiz and Credit Mercantile Group.[30] Chesterton Global purchased Millest & Partners (located in Sevenaoks, the firm's first branch outside London),[32] Copping Joyce, Stickley & Kent, Moss Kaye Pemberton (marking a return for the company to commercial agency)[33] and building surveyor Vann and Jones.2011 Chesterton Global acquired Nottingham based chartered surveying firm Robert Clarke to strengthen its commercial business, along with opening new offices in Kew, Italy and Barbados[39]
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