CLS Holdings
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| Type | Public (LSE: CLI) |
|---|---|
| Industry | Property |
| Founded | 1987 |
| Headquarters | London, UK |
| Key people | Sten Mörtstedt, (Chairman) Henry Klotz, (CEO) |
| Revenue | £88.0 million (2007) |
| Operating income | £(30.5) million (2007) |
| Net income | £(32.9) million (2007) |
| Website | www.clsholdings.com |
CLS Holdings plc (LSE: CLI) is a large British property business. The Company is listed on the London Stock Exchange and is a former constituent of the FTSE 250 Index.
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[edit] History
The Company was founded by Sten Mörtstedt in 1987 and was first listed on the London Stock Exchange in 1994.[1] In 2006 the Company bought three office buildings in Germany.[2] It went on to buy a 27.6% stake in Catena AB, a Swedish property company in 2007.[3]
[edit] Operations
As of 31st December 2009, the Company's property portfolio was valued at £813.0m.[4] The properties are located in the United Kingdom, France, Sweden and Germany. CLS Holdings, Sellar Property Group and CN Limited were originally joint owners of Teighmore, developers of the Shard of Glass in London:[5] however more recently CLS Holdings has been bought out of the deal.[6]
