Maiden Buys Adlight

Maiden Group has today announced the acquisition of Adlight Limited, the poster company which owns over 3,000 six sheet ad panels in supermarkets across the UK, for £15 million.

Adlight’s pre-tax profits for last year were £540,000 on turnover of £3.8m. These figures do not, however, include the 2,000 panels which were constructed during 1997. The full benefit of these sites are expected to be felt in 1998’s results.

Maiden said that the acquisition will complement its existing presence across the country and will bring critical mass to its network. This will now consist of approximately 4,700 panels.

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Maiden Outdoor: 0171 838 4000