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Gun maker Manroy sets sights on AIM

Machine gun maker Manroy Systems is to float on AIM in December after reversing into cash shell Hurlingham.

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SenseLogix boosted by £1 million

Energy reduction company SenseLogix has closed its series A investment round after earning £1 million in investment from private and public sector sources.

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Investors back green washer Xeros with £3.5 million

Green company Xeros has raised £3.5 million in new investment, which will be used to continue development of its water-saving technology.

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Redstone acquires Fujin Systems

IT company Redstone has acquired the ethernet technology business Fujin Systems for £2.9 million.

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Tougher taxman winds up more businesses

HM Revenue and Customs applied to wind up nearly three out of every five companies which faced a liquidation petition last year in a sign the taxman has renewed his tough stance.

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Azini Capital buys offloaded Apax techs

Private equity fund manger Azini Capital has bought two portfolios of technology companies from Apax Partners.

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Sirigen raises funds for commercialisation

Medical technology company Sirigen has raised £3.83 million to bring its products to market and has appointed four new directors.

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Second Impax buy-out fund secures capital

Environment sector investment manager Impax Asset Management Group has secured an additional €118 million for its second private equity fund.

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Sirigen raises funds for commercialisation

Medical technology company Sirigen has raised £3.83 million to bring its products to market and has appointed four new directors.

News

Second Impax buy-out fund secures capital

Environment sector investment manager Impax Asset Management Group has secured an additional €118 million for its second private equity fund.

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Fenner in Aussie deal

Fenner is to acquire the Australian companies Belle Banne and Leading Edge Conveyor Solutions for up to £39.9 million.

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Businesses better at paying bills

British businesses are paying their bills faster compared with the same time last year, but have slowed the pace during the past quarter.

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Advantech to buy Innocore Gaming

Taiwanese company Advantech is to acquire the UK business Innocore Gaming for £3.34 million.

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UK fourth in world business league

The United Kingdom remains one of the world’s best countries to do business – outranking the United States and the rest of Europe.

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