Wednesday 7th May 2008
Deal Round-up (07.05.2008)
In today’s deal headlines Dream Lodge has expanded its holiday park operations with the £2 million purchase of Woodlands Holiday Village, as Aberdeen Asset Management looks set to acquire rival Goodman Property Investors for some £109.5 million.
Done deals:
Revolymer, a polymer development spin-out company from the University of Bristol, has completed a £10 million fundraising round from institutional and private investors including IP Group
Vp plc, an equipment rental specialist, has purchased Arcotherm through its subsidiary Hire Station for £650,000. The acquired company specialises in the hire and sale of heaters, air conditioners and dehumidifiers
Marketing communications company Aegis Group plc has bought Age in Brazil, valued at about $2 million (£1 million)
Holiday park operator Dream Lodge, through its subsidiary Songbird Leisure, has purchased Woodlands Holiday Village in West Wales for £2 million (Source: Manchester Evening News)
Shopping centre promotions organiser Promotion Space Group has acquired Brandspace with backing from Octopus Investments, in order to increase its offering
Estate agent Town & Country has merged with rival firm Nigel Poole & McGinn (Source: Worcester News)
Wynyard Golf Club has been bought by property developer Jomast Developments (Source: nebusiness.co.uk)
Plumbing and electrical firm Simpson & Gregg has been purchased by an investment team led by the company’s managing director Colin Reed (Source: nebusiness.co.uk)
Scottish restaurant chain Sarti’s has been acquired in a management buy-out for £5 million (Source: The Herald)
Bradford and Sons has bought Totem Timber in order to expand its building merchant business (Source: Builders Merchants Journal)
Family business empire Alticor has acquired Splashpower, a provider of wireless power technology (Source: CBR Online)
Deals in the pipeline:
Property group Aberdeen Asset Management is set to acquire Goodman Property Investors for £109.5 million (Source: eFinancial News)
Ireland-based oil & gas exploration company Providence Resources plc has agreed to buy US-based Triangle Oil and Gas’ production and development operations in the Gulf of Mexico for $67.5 million (£34.5 million) (Source: Ireland.com)
Click here for more AIM and VC deals.
Comments [0]
User Comments
There are currently no comments on this post.
Related Articles
People who read this article also read ...
Related sections
Interesting links
|