Home > M&A deals 2004 > The Royal Bank of Scotland Group plc acquires Condor Group Ltd.
Add-on Acquistion · Transportation/Rail Roads · September 2004

The Royal Bank of Scotland Group plc acquires Condor Group Ltd.

On September 24, 2004, The Royal Bank of Scotland Group plc acquired Condor Group Ltd., a transportation/rail roads company in United Kingdom, from AAC Capital UK LLP and Equistone Partners Europe Ltd.

Deal at a glance

AnnouncedSeptember 24, 2004 TypeAdd-on Acquistion TargetCondor Group Ltd. Buyer The Royal Bank of Scotland Group plc Sellers AAC Capital UK LLP
Equistone Partners Europe Ltd. SectorTransportation/Rail Roads LocationUnited Kingdom ValueMembers only

Target company

Condor Group Ltd.
United Kingdom
Transportation/Rail Roadssector
-founded
Activestatus
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Buyer

The Royal Bank of Scotland Group plc
Company · 15 deals on record
  • 1st transaction in transportation/rail roads
  • 2nd transaction in United Kingdom
15deals, all time
1in this sector
2016latest

Sellers (2)

AAC Capital UK LLP
Private equity firm · 25 deals on record
Equistone Partners Europe Ltd.
Private equity firm · 213 deals on record
25investments
1in this sector
17exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Condor Group Ltd.?The Royal Bank of Scotland Group plc acquired Condor Group Ltd. on September 24, 2004.

Who sold Condor Group Ltd.?AAC Capital UK LLP and Equistone Partners Europe Ltd. were the sellers.

What type of deal was it?It was a add-on acquistion in the transportation/rail roads sector in 2004.

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