# Northgate and Redde agree all-share merger to form Redde Northgate

Northgate plc and Redde plc have agreed a recommended all-share merger. The merged entity will be called Redde Northgate plc, with Northgate shareholders owning approximately 54% and Redde shareholders 46% of the combined group.

- Type: Acquisition
- Announced: 2019-11-29
- Where: United Kingdom
- Status: announced
- Products: mobility services, vehicle lifecycle services

## Companies

- [Northgate](https://endata.com/companies/43598.md) (acquirer)
- [Redde](https://endata.com/companies/43599.md) (target)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/zigup--zig/recommended-all-share-merger/6079108), 2019-11-29: "The Boards of Northgate and Redde believe that the Merger has compelling strategic logic and represents an attractive opportunity for both Northgate and Redde to enhance their proposition in the vehicle life-cycle."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.