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Challenger Acquisitions

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Media Coverage

Challenger Acquisitions eyes Asia for next big wheel project

Proactive Investors - Tue, 08/30/2016 - 01:50
A closer examination of the big wheel builder Challenger Acquisitions. We look at what it does, how much it's worth and where it has set its sights.
Categories: Media Coverage

Challenger Acquisitions upbeat over 'Eye' programme

Proactive Investors - Mon, 08/29/2016 - 23:13
The company has a 2% stake in the New York wheel, expected to open early in 2018
Categories: Media Coverage

Challenger Acquisitions wins Madison Capital court case

Proactive Investors - Wed, 08/24/2016 - 23:38
Challenger Acquisitions 1 Madison Capital Markets 0
Categories: Media Coverage

Challenger Acquisitions given more time to pay by Starneth sellers

Proactive Investors - Tue, 08/23/2016 - 00:10
The payment had been due last month but has been deferred, although Challenger will pay 5% interest on the owed amount
Categories: Media Coverage

Challenger’s New York wheel now fully funded

Proactive Investors - Wed, 07/20/2016 - 00:38
The company says the US$590mln New York wheel project – in which it has a 2% interest – is now fully funded through to completion
Categories: Media Coverage

Challenger aims for new 'eye' every year

Proactive Investors - Mon, 07/11/2016 - 07:31

Mark Gustafson, Challenger Acquisitions' (LON:CHAL) chief executive, has doubled his stake in the company as the development of a giant wheel in New York and one in Jakarta build momentum.
But this remains early days for the giant tourist wheel specialist, with a further 25 locations already earmarked as potential sites.
The aim is one new wheel to be commissioned each year, with somewhere in the Americas likely to be the next site to be announced he tells Proactive.

Categories: Media Coverage

Challenger aims for new 'eye' every year

Proactive Investors - Mon, 07/11/2016 - 07:31

Mark Gustafson, Challenger Acquisitions' (LON:CHAL) chief executive, has doubled his stake in the company as the development of a giant wheel in New York and one in Jakarta build momentum.
But this remains early days for the giant tourist wheel specialist, with a further 25 locations already earmarked as potential sites.
The aim is one new wheel to be commissioned each year, with somewhere in the Americas likely to be the next site to be announced he tells Proactive.

Categories: Media Coverage

Challenger Acquisitions eyes new revenue opportunities with manufacturing facility

Proactive Investors - Tue, 07/05/2016 - 02:53
Previously, the firm outsourced the manufacturing and testing of the control systems for Giant Observation Wheels
Categories: Media Coverage

Challenger Acquisitions director dealings

Proactive Investors - Sun, 06/26/2016 - 22:40
Chief executive officer Mark Gustafson has purchased a total of 110,000 shares in the company
Categories: Media Coverage

Challenger Acquisitions wheels out loan note

Proactive Investors - Tue, 06/14/2016 - 01:38
The company will receive £475,000 once fees have been deducted
Categories: Media Coverage

CEO Gustafson's Challenger Acquisitions share buying spree continues

Proactive Investors - Sun, 05/08/2016 - 23:35
The CEO bought a ton of shares in the last week of April and he was at it again in the first week of May
Categories: Media Coverage

Challenger Acquisitions chief buys 100,000 shares in firm

Proactive Investors - Tue, 05/03/2016 - 00:03
The chief executive of Challenger Acquisitions Limited spent a good deal of time buying shares in the company last week.
Categories: Media Coverage

Challenger Acquisitions says wheels are in motion

Proactive Investors - Wed, 04/27/2016 - 02:23
The investment in the New York Wheel project is a first step towards building a portfolio of equity stakes in giant observation wheels globally
Categories: Media Coverage

Challenger Acquisitions secures support for loan note roll-over

Proactive Investors - Tue, 04/26/2016 - 00:00
The company has raised £500,000 through a new issue of convertible notes to fund its active growth strategy and for general working capital purposes
Categories: Media Coverage

Challenger Acquisition's chief comfortable with target to start one new major project each year

Proactive Investors - Tue, 04/19/2016 - 04:10

Mark Gustafson, chief executive at Challenger Acquisitions (LON:CHAL) a world leader in the design and engineering of Giant Observation Wheels tells Proactive Investors about the progress of its portfolio of project.

He says the New York Wheel project - in which Challenger owns a strategic 3% equity stake - is 40% complete and should be operational in Q3 2017.

He says the company's strong and experienced new board will help take the company up to the next level and that he is comfortable with the group's target to start one new major project each year.

Categories: Media Coverage

Challenger Acquisitions Limited’s Gustafson sees Asia as ‘significant’

Proactive Investors - Fri, 04/01/2016 - 06:39

Mark Gustafson, chief executive of Challenger Acquisitions Ltd (LON:CHAL), views Asia as a hot spot for the business that manages the development of and invests in giant observation wheels such as the London Eye. Challenger is opening an office in Singapore to create a presence and capitalise on the growth of the region where there “should be multiple wheels over the next five to ten years.”
Challenger owns 3% of the New York wheel and Gustafson says establishing a portfolio of equity stakes in giant wheel observation developments is key to the success of the business.

Categories: Media Coverage

Challenger Acquisitions Limited eyes Asia for next big wheel project

Proactive Investors - Thu, 03/31/2016 - 23:15
A closer examination of the big wheel builder Challenger Acquisitions. We look at what it does, how much it's worth and where it has set its sights.
Categories: Media Coverage

Challenger Acquisitions Ltd makes headway on wheel plans

Proactive Investors - Wed, 03/30/2016 - 22:46
The company was set up to manage the development of and invest in giant observation wheels and its technical team is one that helped create the London Eye on the South Bank of the Thames.
Categories: Media Coverage

Challenger Acquisitions issues £0.5mln of convertible notes

Proactive Investors - Thu, 03/03/2016 - 00:04
"We are constantly evaluating expansion opportunities and continue to make progress in building our portfolio of Giant Observation Wheels,” said CEO Mark Gustafson.
Categories: Media Coverage

Challenger Acquisitions boss: Jakarta Big Wheel financing in final stages

Proactive Investors - Mon, 02/22/2016 - 06:52

Mark Gustafson, CEO of Challenger Acquisitions (LON:CHAL) tells Proactive Investors that securing the land site in Jakarta for a giant observation wheel like the London Eye, was one of the two remaining hurdles for this project. "It is all about location and about having the tourist traffic, both domestic and international and this site helps on both those fronts" he said.

Gustafson said the second hurdle, in the hands of the developers, is financing. "Now that the land has been secured, that was one of the primary conditions for the bank financing to proceed. Now that is in the final stages" he said. 

Categories: Media Coverage

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} .widget-categories a:hover, .widget-categories a.active { color: #2d3e50; } .widget-top-posts a:hover { color: #2d3e50; } .widget-text hr { border-top-color: #2d3e50; } .widget-text em { color: #2d3e50; } .widget-archive a:hover, .widget-archive a.active { color: #2d3e50; } .widget-tags a:hover { color: #2d3e50; } .widget-categories-filter a:hover { color: #2d3e50; } .widget-categories-filter .active { color: #2d3e50; } .widget-categories-filter .active span { background-color: #2d3e50; } .widget-price-filter .ui-slider-range { background-color: #2d3e50; } .widget-price-filter .ui-slider-handle { background-color: #2d3e50; } .widget-color-filter .active:before { border-color: #2d3e50; } .widget-top-products .pic i { background-color: #2d3e50; } .main-nav ul { background-color: #2d3e50; }