Done deals:
- Radio terminal supplier Sepura has raised £42 million with an IPO on the London Stock Exchange, valuing the firm at £225 million
- Investment Bank and stockholder Blue Oar has acquired investment management business Thring Townsend for an undisclosed sum
- Confectionary group Cadbury Schweppes has completed the acquisition of Turkey’s leading chewing gum business Intergum, for an undisclosed sum
- Real estate investment trust Mckay Securities has acquired Lower Cherwell Street Industrial Estate from a private investor, for £3.1 million
- Paper product group WPP Group has bagged a 51% stake in Brazil-based trade, marketing, events, promotions and design company Plano.Trio Comunicacao for undisclosed terms
- A consortium of four businessmen has pulled Channon Electrical Contractors out of administration for an undisclosed sum, saving 25 jobs
- Emerging restaurant group Coal Restaurants has secured £1.7 million funding from Beringea’s ProVen and ProVen Growth & Income VCTs
- Rok has added to its building, maintenance and development services with the purchase of S. Harrison Construction for £3.2 million in shares and cash
- Hotel operator Menzies Hotels has snapped up Eight Thistles from Curzon Hotel Properties for £54 million
- Infrastructure support services group Amey has bolstered its services, acquiring 80% of Herefordshire Jarvis for £3.55 million cash
