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.
US office co-working company WeWork has moved into the UK market after buying office design and refurbishment company LTB. The two firms have already worked together at sites in London, and WeWork said the acquisition would reduce the time it took to tender for projects and thus help it become more efficient. “Having a single point of contact with clients is key as we can work closely on project management and delivery without having to travel across town or deal with multiple teams from different companies,” said co-founder