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Clampdown on R&D tax relief

The government is treating claims for research and development (R&D) tax relief less generously, according to business adviser Grant Thornton.

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Indian Energy on acquisition hunt

Indian wind power concern Indian Energy is looking for acquisitions after raising £9.75 million with an AIM float at 80p.

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Evolve buys WGC

Investment firm Evolve Capital has acquired PLUS-focused corporate finance house Whim Gully Capital (WGC) for £475,000 in cash. 

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Overseas acquirers stay away

Expenditure on UK acquisitions by foreign companies in the second quarter of 2009 was at its lowest point since the second quarter of 1987.

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Cash bid for Claimar

Housing 21, a national provider of older people’s services with charitable status, is to acquire AIM domiciliary care star Claimar Care for £19 million.

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Spark Ventures exits Unanimis for £4.7 million

Spark Ventures has exited digital advertising company Unanimis for up to £4.7 million. The exit came after Unanimis was acquired by Orange France Telecom Group for an undisclosed sum.

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Kiotech snaps up Optivite  

Kiotech, a Surrey-based supplier of feed additives in the agriculture sector, has agreed to acquire rival Optivite Group for £3.4 million in cash and shares. 

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Company profile: Axis-Shield

Diagnostic specialist Axis-Shield is developing new tests after lifting interim pre-tax profits 125 per cent to £3.6 million.

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Kiotech snaps up Optivite  

Kiotech, a Surrey-based supplier of feed additives in the agriculture sector, has agreed to acquire rival Optivite Group for £3.4 million in cash and shares. 

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Company profile: Axis-Shield

Diagnostic specialist Axis-Shield is developing new tests after lifting interim pre-tax profits 125 per cent to £3.6 million.

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C&C Group buys ABI assets

Dublin-based beverage company C&C Group has agreed to acquire the Irish, Northern Irish and Scottish businesses of Anheuser-Busch InBev. 

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Source BioScience on the rebound

Healthcare and pharmaceutical services provider Source BioScience is mooting acquisitions after turning a £181,000 interim loss into £62,000 pre-tax profits.

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Acorn acquires Oracle

Recruitment and training agency Acorn has acquired London-based rival Oracle Global Resourcing for an undisclosed sum.

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Brighten up your business

It’s not just interior decorators who need worry about finding the right colours. Using the correct hue for your business can positively influence both staff and customers.

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