IN BRIEF: FIH Group sells art storage business Momart for GBP8 million
5th Aug 2026 07:14
FIH Group PLC - services provider in the Falkland Islands and the UK - FIH agrees to sell its loss-making fine art logistics business, Momart International Ltd, to Compagnie Generale du Roumois SAS for GBP7.6 million in cash. CGR's parent company, Horus Finance SA, already owns other art logistics and storage businesses. The proceeds of the sale, expected to be completed by the end of September, will be returned to shareholders and invested in FIH's remaining operating business, Falkland Islands Co Ltd. Read More