Bodycote gets twin private equity bids as buyers feast on London market

Bodycote, a FTSE 250 industrials group, is attracting significant interest from private equity firms, with CVC and Veritas both placing offers to acquire the company for approximately £1.8 billion, including debt. This move highlights the robust appetite among private equity firms for UK industrial assets, particularly in London. Such acquisitions often signal a strategic intent to expand market reach or leverage operational efficiencies, suggesting that Bodycote's technology and manufacturing expertise could be highly valuable to these bidders.