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Virgin Media O2 and Daisy Group set to create IT and comms giant
The Journal
|May 13, 2025
> Virgin Media O2 and Daisy Group's direct B2B operations will merge under the plans
VIRGIN Media 02 has unveiled plans to form a new communications and IT behemoth, which is anticipated to have a turnover of around £1.4bn.
The development involves the merging of Virgin Media O2 and Daisy Group's direct B2B operations.
The newly forged entity will see Virgin Media 02 holding a majority stake of 70%, while the Daisy Group, headquartered in Lancashire, will retain the remaining 30%.
Daisy Group's founder Matthew Riley is set to lead and chair the new venture, and Jo Bertram, currently managing director at Virgin Media 02 Business, will take on the role of chief executive.
Cette histoire est tirée de l'édition May 13, 2025 de The Journal.
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