Self-Storage Giant Shurgard to Buy UK’s Lok’nStore for £378 Million

Following several successful acquisitions over the past year, I am excited to disclose this new acquisition in the UK, which doubles our presence in the country, and accelerates our growth and expansion strategy.” –  Marc Oursin, Chief Executive – Shurgard The deal will add 43 sites in England and Wales to Shurgard’s portfolio, the business said. One of Europe’s biggest self-storage companies has offered £378 million to shareholders of London-listed Lok’nStore to buy it off the stock exchange. A deal which the two companies’ boards announced on Thursday would give…