Invest in UK News

  • Kelway acquires UK managed services specialist ISC Computers plc

    Kelway, the ICT solutions and services provider, announced it acquired managed services specialist ISC Computers plc, including all brands and companies operating under ISC Computers plc.  The acquisition augments Kelway's existing portfolio of managed services and complements Kelway's strengths in ICT strategy and delivery of complex, end-to-end infrastructure solutions, said the firm.

  • Bidvest acquires 100 per cent share capital of UK based Seafood Holdings Ltd

    Bidvest, the diversified industrial company, announced that it has acquired 100 per cent of the share capital of Seafood Holdings Limited for an enterprise value of £45 million. The UK based Seafood was started by entrepreneur and CEO, Toby Baxendale, who has grown the business into a leading national fresh fish producer and distributor to the catering and hospitality industry in the United Kingdom.

  • US based Smith Electric Vehicles Corporation agrees to acquire Smith Electric Vehicles business based in the UK

    US based Smith Electric Vehicles Corporation last week signed an agreement that will see it acquire the Smith Electric Vehicles business in the UK. Smith Electric Vehicles US Corporation will acquire the UK based business from its owner Tanfield Group for US$15 million.

  • Capita Group Plc purchases BSI Holdings for a consideration of £42.5 million

    The Capita Group Plc (Capita) announced Friday that it has acquired BSI Holdings Limited (BSI) for a consideration of £42.5 million on a cash-free, debt-free basis. BSI is a hotel booking and meetings management agency with clients in both the public and private sector.

  • Viridor acquires waste management company Adapt Recycling Ltd

    Viridor announced it has acquired the north-west independent integrated recycling and waste management operator Adapt Recycling Ltd.  The acquisition is in line with Viridor’s parent company; Pennon Group’s, stated strategy of expanding its waste management activities, particularly in the areas of recycling, waste treatment and disposal.

  • RPM Performance Coatings Group acquires Pipeline & Drainage Systems Ltd

    RPM International Inc Wednesday announced that its RPM Performance Coatings Group has acquired Pipeline & Drainage Systems Ltd (PDS). PDS is a leading supplier of curb, bridge and channel drainage products for construction and infrastructure markets, primarily in the United Kingdom and Ireland. Based in Wakefield, England, PDS has annual sales of approximately $8 million. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.

  • Tata Chemicals Limited acquires UK based British Salt Limited through its subsidiary

    Tata Chemicals Limited announced the acquisition of UK based British Salt Ltd. The investment was made by Tata Chemicals Ltd’s wholly owned UK subsidiary Brunner Mond (BMUK). Brunner Mond acquired the UK-based British Salt Limited for $144 million (around Rs.656.48 Crore).

  • World leader in mobile music and content Livewire Mobile Inc acquires UK based FoneStarz Media Group Limited

    Livewire Mobile Inc, a world leader in mobile music and content, announced it had acquired FoneStarz Media Group Limited, an award-winning mobile digital storefront and mobile content supplier currently working with many of the world's largest telecom and media brands.

  • Silverfleet Capital acquires UK footwear business Office from Sir Tom Hunter's West Coast Capital (WCC)

    Silverfleet Capital has acquired UK footwear business Office from Sir Tom Hunter's West Coast Capital (WCC). The financial terms were undisclosed, but reports value the deal at around £150 million. Silverfeet Capital is a European private equity firm.

  • Leading independent property company Wereldhave purchases Poole based Dolphin Shopping Centre in England

    Wereldhave announced Thursday it had reached an agreement to acquire the Dolphin Shopping Centre in Poole, Dorset, England. This asset comprises an existing mid-sized, mainly covered two level, shopping centre in one of the south coast’s major urban areas. The investment volume extends to some €101 million, about £85 million, (including costs) reflecting a net initial yield of 6 per cent.

  • Camlin Fine Chemicals Ltd acquires Borregaard Industries Ltd's subsidiary

    Camlin Fine Chemicals Ltd has acquired UK-based Borregaard Industries Ltd's subsidiary, Borregaard Italy. The acquisition is part of Camlin Fine Chemicals backward integration strategy. Borregaard, Italy manufactures Hydroquinone, which is a petrochemical based product, the basic starting material required for Camlin Fine’s major product range of food antioxidant and products like TBHQ, BHA.

  • GlaxoSmithKline (GSK) to acquire Maxinutrition from Darwin Private Equity

    GlaxoSmithKline (GSK) and Maxinutrition Group Holdings Limited Tuesday announced they entered into an agreement for GSK to acquire Maxinutrition.  Maxinutrition is a UK company that manufactures protein-enhanced functional nutrition products. GSK will acquire the firm from Darwin Private Equity.

  • International energy services company John Wood Group PLC to acquire PSN Limited

    John Wood Group PLC Tuesday announced it had entered an agreement to acquire PSN Limited. John Wood is an international energy services company and the acquisition is for a consideration of a total enterprise value of US$955 million. PSN will merge with Wood Group’s Production Facilities business to create the leading global brownfield production services provider, Wood Group PSN.

  • General Electric (GE) purchases British oilfield services firm Wellstream Holdings

    GE today announced its intention to make an offer for 100% of Wellstream Holdings PLC, a leading engineer and manufacturer of high-quality flexible pipeline products for oil and gas transportation in the subsea production industry. The terms of the transaction, which value Wellstream’s share capital at £0.8 billion ($1.3 billion), offer Wellstream shareholders 780 pence in cash per Wellstream share and a special dividend of 6 pence in cash per Wellstream share.

  • Elliott Group Limited acquires Caltin Containers Ltd

    Elliott Group Limited announced the completion of its acquisition of Caltin Containers Ltd. Caltin is based in Milford Haven, Pembrokeshire and has a fleet which includes containers, jacklegs and anti-vandal units. This is in addition to a self store business which is also run from their Milford Haven site.

    The Caltin purchase assists Elliott in fulfilling its branch network blueprint and places Elliott in an improved position to benefit from the petrochemical businesses in Southwest Wales.

  • British Gas acquires JK Environmental Services (UK) and ECL Contracts

    JK Environmental Services (UK) and insulation contractor ECL Contracts have both been taken over by British Gas. JK Environmental Services is an Environmental services contractor. Currently, British Gas' Electrical and Dyno Services business, which includes Dyno-Rod, is already the market leader in domestic drain-cleaning service.

  • Dunedin provides acquisition funding for UK’s leading SameDay distribution network company CitySprint

    Dunedin has provided funding for CitySprint’s investment acquisition strategy. Dunedin is a UK based mid-market private equity. The investment is expected to enable the ongoing buy and build strategy of CitySprint, the UK’s leading SameDay distribution network. The deal will see Dunedin employ its trademark DebtBridge product which ensures deliverability and certainty of debt funding.

  • Standard Life plc to acquire entire share capital of Focus Solutions Group Plc

    The Board of Standard Life plc Thursday announced it had signed an agreement for the acquisition of the entire issued and to be issued share capital of Focus Solutions. Under the terms of the deal, Focus Solutions has agreed to an offer of 140 pence per share for Focus Solutions.  This offer values the entire existing issued share capital of Focus Solutions at approximately £42 million.

  • Saga expands with acquisition of Nestor Healthcare Group

    In a bid to expand its business in the UK, Saga has acquired Nestor Healthcare Group for an estimated 124 million pounds. Saga reiterated it expects the move to enable it establish a nationwide care network. Nestor provides a range of managed social and primary care services including domiciliary care.

  • Petrofac purchases an interest in UK based Gateway Storage project

    Petrofac announced Monday that it acquired a 20 per cent interest in Gateway Storage Company Limited. The move is aimed at progressing and developing the Gateway Gas Storage project in the East Irish Sea. Sources have placed the cash consideration for the investment at up to £33 million over time, funded from cash resources.

    This is split into a fixed upfront payment and additional contingent payments subject to key project development milestones being achieved, including the outcome of a further successful equity sales process.

  • Dechra Pharmaceuticals Plc to acquire UK's veterinary pharmaceutical company Genitrix Ltd

    Dechra Pharmaceuticals Plc reported it has acquired the entire issued share capital of Genitrix Limited from its owner managers for an initial cash consideration of 5.4 million pounds.  A further 0.8 million pounds is payable upon achievement of specific milestones.  The consideration is being funded from Dechra’s existing cash resources.

  • US based Wyndham Worldwide purchases James Villa Holidays from Vespa Capital

    US firm Wyndham Worldwide Thursday announced that its Exchange & Rentals business unit, the worldwide leader in vacation exchange and the world's largest full-service vacation rentals business, acquired James Villa Holidays from the private equity fund Vespa Capital.

    James Villa Holidays has a strong presence across the Mediterranean villa holiday market offering accommodations along with other travel services and products to the UK market. The acquisition price is approximately $77 million, subject to adjustments.

  • Spotless Group Limited acquires the UK’s Event Management Catering Limited

    Spotless Group Limited reported it had made strategic investments in the UK. The Group said it has made further strategic inroads into the UK Leisure, Sports & Entertainment sector through the acquisition of privately-owned Event Management Catering Limited (EMC). Spotless is keen on retaining the current EMC management team.

  • American based CoorsTek Inc acquires Manchester based Flowguard pressure control business

    US based CoorsTek Inc reported it had acquired the UK based Flowguard pressure control business. CoorsTek Inc. is a large technical ceramics supplier and manufacturer of heavy-duty pulsation mitigation equipment for the oil and gas industries. The Flowguard pressure business is situated in Manchester, England.