Asset Management

Martin Gilbert’s AssetCo strikes deal for River & Mercantile

AssetCo and River and Mercantile Group agree tie-up

Martin Gilbert’s AssetCo has agreed a takeover with RMG
Martin Gilbert’s AssetCo has agreed a takeover with RMG Photo: Simon Dawson/Getty Images

AssetCo, the deal making company headed by City veteran Martin Gilbert, has agreed a takeover deal with the board of River and Mercantile Group — the UK fund management business where he is also deputy chair.

The companies announced on 25 January that they had agreed a takeover of RMG by AssetCo.

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