LDC, the private equity arm of Lloyds TSB has acquired Leasedrive Velo, a UK vehicle management group, in an £80 million secondary buy-out.
Other Done Deals
Teleset Networks, a Russian telecoms company, has completed the acquisition of 51 per cent of OOO Simbirsky Telecommunications Systems for $15.7 million (£8.7 million)
Fruit and vegetable importer Total Produce has bought 60 per cent of two Dutch companies, Haluco and Nedalpac in a 23 million (£18.6 million) double deal
Allied Irish Bank has completed the purchase of a 49.9 per cent stake in Bulgarian bank BABC for 216 million (£175.3 million)
Irish online recruiter Saongroup.com has expanded into Central America with the acquisition of Tecoloco.com for just over $3 million (£1.6 million)
German utility company RWE has bought a minority stake in UK wind farm turbine manufacturer Quietrevolution for 7.5 million (£6 million)
Swiss firm DEFI Gestion has acquired cable machinery company Plumettaz for an undisclosed sum
German-based SVT Group has undergone a management buy-out for an undisclosed sum
US-based GSI Group, which manufactures lasers, scanners and other products for the medical and aerospace industry, has announced the $347.5 million (£192.6 million) of Excel Technology
Interline, a distributor and direct marketer of maintenance, repair and operations products, has acquired Eagle Maintenance Supply, a distributor of janitorial and sanitary supplies to the institutional marketplace. The deal amount was undisclosed
Bruker AXS has bought Surface Imaging Systems for an undisclosed sum
Deal in the pipeline
Niger Uranium is to purchase 74 per cent of Namakwa Uranium, owner of the South African Henkries uranium deposit, for $1.75 million (£970,000)
Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.
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