GB Group plc, the Chester-based ID management systems provider, is to buy one of its major rivals in a £11.2m deal. The AIM-listed company will raise around £8m through a placing of 20 million new shares at 40p per share … Continue reading
Deals
Multisol Group sold to Brenntag for £112m
Cheshire chemicals distribution firm Multisol has been acquired by German industrial group Brenntag in a deal worth more than £112m. Nantwich-based Multisol, which had been looking to list on AIM last year, was advised by Warrington-based corporate finance house Dow … Continue reading
£5.0m Acquisition of ACS by GB Group PLC
Chester identity management group GB Group has bought Advanced Checking Services (ACS). ACS makes technology that electronically checks driving licences to help companies comply with health and safety and corporate manslaughter legislation. GB Group has paid £420,000 for the Glasgow-based … Continue reading
£7.2m MBO of Vickers Electronics
Energy management company Vickers Electronics has undergone a £7.2m management buyout in a deal backed by Enterprise Ventures, PHD Equity Partners and Yorkshire Bank Corporate & Structured Finance. The Trafford Park-based company designs, installs and maintains energy management systems which … Continue reading
Sale of T123
Sage Parts, the world’s leading supplier of replacement parts for ground support equipment, has announced the acquisition of T123, a leading supplier of GSE parts in Europe, based in Lancashire, England. This operation is a new major milestone step in … Continue reading
£0.6m Acquisition of Data Discoveries by GB Group PLC
Identity management business GB Group has acquired Data Discoveries for a total of £610,000. Edinburgh-based Data Discoveries provides trace software to the Government and the debt collection industry which allows them to trace and make contact with individuals. The deal … Continue reading
£78.3m PTP of Ideal Shopping
Inflexion Private Equity, the mid-market private equity investor, completed the take-private acquisition of Ideal Shopping Direct (“Ideal”), a leading independent multi-channel retailer, in a £78.3m transaction. The company was delisted from AIM on 22 June 2011. Ideal sells lifestyle and … Continue reading
£30m Sale of PH Jones
Centrica, the parent company of British Gas, has splashed out £30m on Cheshire central heating business PH Jones Group. The company is headquartered in Malpas and provides services to about 250,000 properties each year through its social housing business. Centrica … Continue reading
Acquisition of the Falmouth and Hebburn Shipyards
The freehold owner of the Falmouth and Hebburn Shipyards has been acquired for an undisclosed sum by Peel Ports Holdings (No.2) (IOM) Limited, a newly formed company owned by Peel Group Limited. Hill Dickinson and Dow Schofield Watts have advised … Continue reading
Sale of Dr Newman’s Clinic’s
A group of medical entrepreneurs who sold their last company for £60m has snapped up a Bolton-based chain of clinics and plan a huge expansion of the business over the next five years. Dr Newman’s Clinic, founded by a father … Continue reading
