Other Done Deals
- MPS Global LLC, a provider of high-tech engineering, design and IT talent, has acquired the Talascend Group including EPCglobal, an international engineering staffing company operating in the engineering and construction industries
- Syngenta Flowers, a pot and bedding plant specialist, has bought Chrysanthemum and Aster, a pot and garden flowers retailer, from US flowers producer Yoder Brothers
- Private equity group Duke Street has acquired French medical diagnostics firm Biomnis for £172.9 million. The deal is being financed with senior debt provided by Fortis and a mezzanine facility that is being arranged by AXA Mezzanine
- Canadian company Prism Medical’s US subsidiary ErgoSafe Products LLC has acquired the assets and operations of New York-based Keyko Solutions, a distributor of moving and handling products for the mobility impaired trading as Access Solutions. The assets were acquired for £311,000
- Electronics cooling system group Thermacore, with employees in Europe and the US, has been bought in a £6.5 million management buy-out. Executives in the US acquired the business from US group the Modine Manufacturing Company
- Aspire Holidays, which is owned and managed by XL Leisure Group, has been acquired by London-based private short-haul jet holiday company Jeffersons for an undisclosed sum
Deals in the pipeline
- Switzerland-based Logitech, a producer of personal computer peripherals, is entering the software market by acquiring Internet video communications services provider SightSpeed for $30 million (£18 million) in cash
- Sumitomo Mitsui Financial Group, Japan’s third-largest bank, will take a stake of up to 2 per cent in South Korea’s KB Financial. The bank did not say how much it would pay for the stake
- Rosco S.A., a subsidiary of Swiss oil trading business Vitol Holding B.V., has announced that subject to certain pre-conditions, it intends to make a public offer for the entire issued and to be issued share capital of its Canadian oil and gas business partner Arawak Energy at a price of CAD $0.90 (44.9 pence) per share
