Done Deals
- Cranswick, a Hull-based food producer, has acquired Bowes of Norfolk for £17.2 million in cash from the Bowes family.
- Eve Trakway, a Derbyshire-based supplier of temporary access services, has acquired Surrey-based Vincehire for an undisclosed sum.
- Cobham Plc, a Dorset-based aerospace and defence systems developer, has acquired Argotek, a US-based information assurance company for up to $36.2 million (£24.4 million).
- Trigold and Crystal Software Solutions, technology providers to the intermediary mortgage market, have agreed to merge and will trade as Trigold Crystal. The deal is subject to shareholder approval.
- Bath-based IFA Money Wise Financial Advisers has acquired Cambridge rival Lee & Co for an undisclosed sum.
- East Midlands-based accountancy firm Duncan & Toplis has bought the Melton and Oakham branches of rival Newby Castleman. The terms of the deal were not disclosed.
- Influential participants in the PLUS-quoted share market are speculating about the possibility of the lower tier of companies now traded on AIM moving to PLUS-quoted instead.