About

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary Communications at The Association of Investment Companies (AIC).

News

David’s Cookies merges with Giftback.com

David's Cookies, an Illinois-based gourmet desserts company, and Giftback.com, a New York-based online gift service, have merged for an undisclosed sum.

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Tracerco buys Process Vision

Tracerco, a Billingham-based provider of process diagnostics, has acquired Belgium-based Process Vision Services, a specialist in identifying problems in the petroleum and chemical industries.

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RM buys Isis Concepts

RM Plc, an Oxfordshire-based provider of education services, has acquired local rival Isis Concepts for up to £2.69 million. 

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Swedish eye tracking company secures funds

Eye tracking specialist Tobii Technology has raised €16 million (£14 million) in expansion capital from new and existing investors.

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Shanks sells Avondale stake

Shanks Group Plc, a European environmental company that provides sustainable waste management services to the public and private sectors, has agreed to sell its 50 per cent stake in Avondale Environmental Services to Landmedia, its joint venture partner. 

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Paddy Power buys Australian company

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John Crane in US expansion

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Bunge gets a Raisio

Bunge, a US-based agribusiness and food company, has acquired the margarine business of Finland-based food company Raisio for euro80 million (£71.2 million).

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John Crane cranks up Orion deal

John Crane, a Berkshire-based manufacturer of seals and associated products, has acquired Orion Corporation, a US-based manufacturer of hydrodynamic bearings for energy and general industrial markets. The terms of the deal were not disclosed. 

Entrepreneurs

Hedley Aylott on founding digital marketing company Summit Media

BAFTA-winning Hedley Aylott trained as a composer in Manchester and, while working with felons, released the first-ever record from a British prison in 1995. In 2000, he co-founded digital marketing company Summit Media

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Paddy Power’s Oz deal

Irish bookmaker Paddy Power Plc has taken a 51 per cent stake in Sportsbet Pty, an Australian bookmaker that targets customers through telephone and online channels, for an initial payment of AU$48.5 million (£24 million).

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AIM companies in acquisitive mood

The majority of AIM-listed companies expect to complete acquisitions in the next 12 months, according to research.