By Samantha Partington2018-04-13T11:55:00 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.
London office co-working company LTB has moved into the London market after buying office design and refurbishment company LTB . The two firms have already worked together at sites in UK , and WeWork said the acquisition would reduce the time it took to tender for projects and thus help it become more efficient. The deal follows a buying spree in the US , in which WeWork bought architecture and technology firm Case, coding training programme FlatIron School and social network Meetup .