Greece-based Marfin Investment Group has acquired a 49.9 per cent shareholding in German executive jet operator Flight Ambulance International Rent - A - Jet Aktiengesellschaft (FAI), from Axtmann Beteiligungus GmbH.
Greece-based Marfin Investment Group has acquired a 49.9 per cent shareholding in German executive jet operator Flight Ambulance International Rent – A – Jet Aktiengesellschaft (FAI), from Axtmann Beteiligungus GmbH, for €15 million (£13 million)
Brighton-based pharmaceutical company Destiny Pharma has raised £4.8 million from a consortium, including existing shareholders, to fund further trials of its medicines. The consortium was led by Longbow Capital LLP, which specialises in backing early-stage healthcare companies.
RedHot Media International’s subsidiary Ausscar Group Sdn Bhd, which focuses on the Malaysian financial products marketing sector, has acquired a 70 per cent shareholding in two Malaysian financial products marketing advisory companies: Ausscar Capital Sdn Bhd and Oscar Wealth Advisory Sdn Bhd in an undisclosed all-share deal
Sunkar Resources Plc, which aims to become a manufacturer of integrated phosphate fertiliser, has signed an agreement to acquire the remaining 10 per cent of its subsidiary Temir Service LLP for US$5.9 million (£4 million) in cash.
Pub and restaurant group Orchid has announced that it is re-structuring its finances in order to acquire a number of distressed businesses across the UK
Knowledge Solutions (UK), a provider of simulation software and training services, has acquired Enlight, a provider of certification management, knowledge assurance and European/International Computer Driving Licence (ECDL/ICDL) services. The terms of the deal were undisclosed
EnPro Industries has completed three undisclosed acquisitions for its Compressor Products International (CPI) business. The acquired businesses are US firms Horizon Compressor Services and RAM Air, as well as C&P Services, located in Warrington, UK.
Deals in the pipeline
Garner International, a UK specialist in the field of executive search, coaching and talent development, has announced the completion of its acquisition of rival venture Norman Broadbent.
Pilat Technologies International, a consultancy and data management business, has agreed to countersign a non-binding letter of intent with a US-based firm for the sale of the company’s subsidiaries operating in Europe and North America.
Modavox, a US Internet broadcasting firm, has entered into a letter of intent to acquire a majority share of Augme Mobile, a mobile marketing business based in New York. The terms of the deal were undisclosed.
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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