Invest in UK News

  • Copart UK Limited completes its acquisition of Hewitt International

    Copart UK Limited, a subsidiary of US based Copart Inc, has completed its acquisition of privately held Hewitt International. With effect from Monday 14th March 2011 the Hewitt facility will be integrated into the Copart nationwide network and be fully operational providing on-line auctions for vehicles and agricultural equipment. Copart has 14 auction facilities throughout the UK. The new facility is based in Wombourne, near Wolverhampton.

  • Beringea invests £2.65 million in software company MatsSoft

    Beringea has invested £2.65 million in software firm MatsSoft, as the software firm plans its expansion. Beringea is the manager of the ProVen VCTs. The £2.65 million investment package is expected to fund MatsSoft’s expansion and will come from ProVen VCT and ProVen Growth & Income VCT.

  • Capital Safety Group acquires UK based leading fall protection systems design and manufacturing company

    Capital Safety Group is to acquire all shares and assets in Uniline Safety Systems, a leading fall protection systems design and manufacturing company based in Worcestershire, United Kingdom. Uniline Safety Systems offers a variety of products and services catering to fall protection market, with key customers in the Wind Energy, Utilities, Marine and Roof Top sectors.

  • Serco Group plc acquires UK based provider of outsourced customer contact centre services, Listening Company

    Serco Group plc (Serco) has acquired UK based provider of outsourced customer contact centre services to both private and public sector organizations, the Listening Company. The acquisition is for an initial cash consideration of £42.1 million, which includes the repayment of £16.4 million of debt. In addition, contingent payments of up to £13.8 million are payable, conditional on the financial performance in the two year period from 1 March 2011 to the end of February 2013, said Serco in a release.

  • Egdon Resources plc completes acquisition of Onshore License Interests from Valhalla Oil and Gas UK Limited

    Egdon Resources Plc Monday announced the completion of its acquisition of Onshore License Interests from Valhalla Oil and Gas UK Limited. The completion follows Egdon Resources’ announcement of 28 January 2011 over its acquisition from Valhalla Oil and Gas UK Limited of their entire 50% interests in their UK Petroleum Exploration and Development Licenses.

  • Valero Energy Corporation buys Chevron’s Pembroke refinery in Wales U.K.

    Valero Energy Corporation is to acquire Chevron’s Pembroke refinery in Wales, U.K. The acquisition also includes Chevron’s extensive marketing and logistics assets throughout the UK and Ireland. The investment is for a consideration of $730 million, excluding working capital. Based on current market prices, working capital has an estimated value of $1 billion, although the final value for working capital will be determined at closing, announced Valero.

  • Radian6 acquires the UK’s 6Consulting, a social media firm offering social media monitoring to enterprises and agencies

    Radian6 has expanded its global reach through the acquisition of 6Consulting in the United Kingdom. Radian6 is a leading social media listening, engagement and insights platform provider. Based in London, 6Consulting is a social media firm offering social media monitoring to enterprises and agencies in the UK.

  • Origin Enterprises buys United Agri Products Limited and Rigby Taylor Limited

    Origin Enterprises Group announced it has purchased United Agri Products Limited (UAP) and Rigby Taylor Limited. Origin expects the acquisition of UAP to leverage upon its core position in the provision of integrated crop production systems to primary food producers. The other acquisition, Rigby Taylor, extends the Group’s offering into new channels.

  • Coca-Cola Enterprises in partnership with ECO Plastics to expand recycling center in UK

    US based beverage giant Coca-Cola Enterprises has partnered with ECO Plastics to expand a recycling center based in Lincolnshire, UK. The centre recycles plastic bottles and the investment will see it undergo a £15 million refurbishment. The investment is expected to expand the facilities, doubling its overall output.

  • Standex International Corporation acquires U.K. based metal fabrication supplier

    Standex International Corporation acquired U.K. based metal fabrication supplier Metal Spinners Group Ltd. Metal Spinners supplies metal fabrication services to the medical, general industrial and oil and gas markets in the U.S., U.K., and China.

    Metal Spinners Group will provide Standex's Engineering Technologies Group with access to new end-user and geographic markets, as well as high-efficiency metal fabrication capabilities and a customer base that includes global leaders in the medical device industry, stated the announcement.

  • Google acquires the UK’s foremost financial product comparison site BeatThatQuote.com

    Search giant Google Inc has acquired one of the UK’s foremost financial product comparison sites BeatThatQuote.com. The acquisition was for a consideration of £37.7 million. BeatThatQuote reiterated that the deal marks a significant opportunity for the company to develop new and innovative options for personal finance in the UK.

  • Intertek acquires Moody International for a consideration of £450 million

    Intertek Group plc is to acquire the UK’s leading provider of quality and safety services to the global energy industry, Moody International. The investment is for a consideration of £450 million on a cash-free and debt-free basis. Intertek Group is also a leading international provider of quality and safety services.  

  • PPL Corporation acquires the UK’s Central Networks from E.ON UK plc

    In a bid to accelerate the growth of its regulated electricity operations, PPL Corporation has bought Central Networks electric distribution business in central England, the second-largest such business in the United Kingdom.

  • Publicis Groupe acquires the UK’s leading integrated agency Kitcatt Nohr

    Publicis Groupe announced Friday it has purchased the UK’s leading integrated agency Kitcatt Nohr. Kitcatt Nohr will be merged with Digitas in the UK, creating a new agency, Kitcatt Nohr Digitas, which will be part of VivaKi.

    Currently, Kitcatt Nohr employs 68 interactive communication specialists bringing the staff count to 150 at the newly formed agency. The newly formed agency has clients that include Body Shop, British Olympic Association, Delta Airlines, John Lewis, Lexus, NS&I, P&G, Samsung, Shell, Toyota, and Waitrose.

  • UK government approves News Corp's controversial $14 billion takeover of BSkyB

    The British government Thursday approved Rupert Murdoch’s News Corp’s acquisition of BSkyB.  The investment had drawn opposition from UK’s major media operators such as BBC, who objected on grounds that it would create a monopoly. With the approval, the investment is expected to radically change the UK’s media landscape.

  • Barclays Bank PLC to acquire Egg's UK credit card assets

    Barclays Bank PLC has agreed to acquire Egg's UK credit card assets. Under the terms of the transaction, Barclays will purchase Egg's UK credit card accounts, consisting of approximately 1.15 million credit card accounts with approximately £2.3 billion of gross receivables, stated a press release.

  • America based Wabtec acquires UK's Brush Traction Group

    US based Wabtec Corporation has acquired Brush Traction Group, a UK-based provider of locomotive overhauls, services and aftermarket components, for about $31 million. With facilities in Loughborough, England and Kilmarnock, Scotland, the company has annual sales of about $55 million. Wabtec expects the transaction to be accretive in the first year.

  • Gold Bag Inc subsidiary to acquire all outstanding shares of Metallum Resources Plc

    Gold Bag, Inc, which operates as Focus Gold Corp, Monday announced its newly created, wholly-owned subsidiary, Focus Celtic Gold Corporation, will purchase all outstanding shares of Metallum Resources, PLC.  
    Metallum Resources is a gold and base metals explorer with a focus in Northern Ireland, Republic of Ireland and Scotland. Metallum, founded in 2006, is an unlisted public company incorporated under the laws of England and Wales.

  • Arthur J. Gallagher & Co to acquire business and certain assets of London based Woodbrook Underwriting Agencies Ltd

    Arthur J. Gallagher & Co is to acquire the business and certain assets of London based Woodbrook Underwriting Agencies, Ltd. The transaction is expected to close during the first quarter 2011. However, terms of the transaction were not disclosed.

  • US based Wasserman Media Group acquires the UK’s rights manager and advisory firm Reel Enterprises

    US based sports and entertainment agency Wasserman Media Group has acquired the UK’s rights manager and advisory firm Reel Enterprises. The move is in line with the US firm’s strategy of becoming a global sports rights market-maker. The financial terms of the transaction were however undisclosed.

  • Chinese steel producer Anshan Iron and Steel Group to set up JV holding firm in the UK

    Chinese steel producer Anshan Iron and Steel Group signed a deal with Stemcor that will see the Chinese firm set up a JV holding firm in the UK. Stemcor is the world's largest independent steel trader. The agreement will see the Chinese steel producer set up a joint venture holding company in the UK called Anshan Steel UK Holding Company, which will acquire the USS processing center.

  • Algeco Scotsman acquires UK provider of modular buildings and cabins, RB Farquhar (Hires) Ltd

    Leading global business services company focused on modular space and secure storage solutions, Algeco Scotsman, Tuesday announced its acquisition of RB Farquhar (Hires) Ltd.  RB Farquhar is a provider of modular buildings and cabins in the U.K. Under the terms of the investment, Farquhar Hires' fleet and five operating branches will be integrated into Algeco's business operations in the United Kingdom, known as Elliott.

  • Azelis acquires the UK’s leading specialist supplier of raw materials and ingredients to pharmaceuticals

    Azelis, the leading pan-European specialty chemicals distributor, Tuesday announced it has acquired S&D Group Limited, a UK leading specialist supplier of raw materials and ingredients to the pharmaceutical, food, personal care and performance chemicals industries.

    Azelis said the acquisition of S&D Group is strategically important as it will significantly strengthen the Azelis Life Science business (Pharma, Food & Health and Personal Care), both in terms of portfolio coverage as well as geographic spread.

  • Essar Energy to acquire Shell UK Ltd’s Stanlow refinery and related assets

    Essar Energy plc is to acquire Shell UK Ltd’s Stanlow Refinery and Stanlow related assets. Essar Energy is an India-focused integrated energy company. The investment will be undertaken through an Essar Energy indirect wholly owned subsidiary. The investment is for a consideration of US$350 million in cash.