Overview
- FirstCash agreed on Tuesday, June 23, 2026, to buy Ramsdens for about £206 million in a deal that the Ramsdens board intends to recommend to shareholders.
- Shareholders are being offered up to 609p per share, a roughly 35% premium to Ramsdens’ recent closing price, and Ramsdens’ stock jumped sharply after the announcement.
- The acquisition covers Ramsdens’ 174 stores and its pawnbroking, precious metals buying, jewellery retail and foreign exchange businesses.
- Ramsdens’ strong recent results — revenue rose 62% to £83.7m and pre-tax profit increased 173% to £16.7m — were driven in large part by higher gold prices, a factor that could make future performance volatile.
- The deal follows FirstCash’s 2025 purchase of H&T and signals further consolidation in the UK pawnbroking and high-street retail sector, with cost savings expected from combining some administrative functions and a pending shareholder vote to complete the transaction.