Lok’nStore slumps to a loss after £378m takeover as bonuses cut

UK self-storage group Lok’nStore slumped to a loss in the year it was taken private in a deal worth around £378m, it has been revealed. The Surrey-headquartered company was snapped up by Belgium’s Shurgard in April 2024. Lok’nStore had been listed on the London Stock Exchange’s AIM since 2000. New accounts filed with Companies House show [...]