WeWork has made its first acquisition of a UK company purchasing office fit-out company LTB as part of a global drive to buy up firms in its supply chain.
LTB, which specialises in office design, fit-out, refurbishment and relocation, has worked with WeWork on a number of its UK offices including Tower Bridge, Brook Green and Waterhouse Square.
Over the past three and a half years, LTB has delivered more than 2m sq ft of space for WeWork in London. The 25-strong team, headed up by managing director Martin Leeper, will all transfer to WeWork’s payroll.
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