Thursday 26th June 2008

Ellie Louise
acquires Happit

Done deals: 

• Ellie Louise has increased its clothing retail business after buying Happit out of administration 
   
• Oil refiner Hydrodec Group Plc has bought Australian company Virotec International Plc, a wastewater and soil treatment services firm to the industrial and mining sector 
   
• Cosalt Plc, a protection services firm to the marine and offshore oil and gas industries has acquired Norwegian firm Myhre-Maritime in order to bolster its services 
   
• Public relations and marketing company Partners Group has been purchased by its management 
   
• Frontage Laboratories, a provider of bioanalytical, pre-clinical and drug development services, has acquired Advanced Biomedical Research, expanding its offering 

Deals in the pipeline: 

• Dublin-based mining company West African Diamonds Plc has received an approach that may lead to a takeover 
   
• Telecoms giant BT Plc has agreed to acquire German companies Stemmer and SND, constituting the enterprise IT services segment of net AG, in a bid to expand it's networked IT services in the region 
   
• In House Group Plc, a property broking and management company, is set to purchase Avanti Properties for £880,000 
   
• Furniture company Ilva has gone into administration

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