Arlington Capital Partners has completed its acquisition of Gooch & Housego, the UK photonics and optical components group, after the £345.6m scheme of arrangement became effective on 16 October.
Deal terms and financing
Scheme shareholders receive 1,230 pence in cash per share, paid by cheque or CREST credit no later than 14 days after the effective date; certain qualifying shareholders also keep a 4.9p interim dividend. The buyer is Greenlight Bidco, indirectly owned by Arlington Capital Partners VII, L.P.
Regulatory approvals and timing
The High Court sanctioned the scheme on 14 October. Dealings on AIM were suspended on 16 October and the shares' admission to trading was cancelled on 19 October.
Market context
The recommended offer was first announced on 16 July 2026. On completion, Gary Bullard and directors Serena Lang, Louise Evans, Susan Searle and Jim Haynes stepped down, and Peter Manos, Ben Ramundo and Mark Giragosian joined the board.
