DGT Steel undergoes MBO and all today’s headlines

In today's headlines, Itacare Capital Investments has purchased Duas Barras resort for euro8.2 million and SciSys acquires VCS for £12 million.

Real estate investment company Itacare Capital Investments has acquired a residential resort, Duas Barras of Brazil, for up to $8.2 million (£4.08 million)

Aesica has purchased the Abbott Pharmaceuticals Factory for undisclosed terms, adding to its pharmaceutical production capabilities

IT support services firm SciSys has bolstered its operations with the £12 million acquisition of Germany’s VCS

Bridgend Hire has acquired Leggat Plant for £2 million, adding to its plant hire operations

Steelwork company DGT Steel & Cladding has undergone a management buyout for undisclosed terms

Diamond exploration and mining company KimCor has added to its operations with the acquisition of Dwyka Diamonds for an undisclosed sum

Centrica is to add to its energy supply operations with the £242 million purchase of North Sea gas production company Newfiled UK Holdings

Indiana Tool Works of the US has bolstered its scale retailing operations with the purchase of Avery Avotronics’ retail arm

Deals in the pipeline

Bookseller ArgentVive is looking to acquire Internet-based auction services company AuctionAssist for £2.6 million

Building maintenance and related support services company Mavinwood is to acquire damp and water proofing company Peter Cox for an initial £6 million

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