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Vertu buys Brooklyn

Vertu Motors Plc, a Newcastle-based car retailer, has acquired assets from Worcestershire-based rival Brooklyn Motor Plc for up to £9 million.

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Social entrepreneur: Camilla Batmanghelidjh

Kid's Company founder Camilla Batmanghelidjh talks about the challenges she faced in setting up the venture.

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RWS Holdings buys Communicare

RWS Holdings Plc (RWS), an international provider of intellectual property support services, has acquired Communicare, which focuses on translations for the medical and pharmaceutical industries, for £2.1 million in cash. The deal is in keeping with RWS’s strategy to complement organic growth with targeted acquisitions. 

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Read IFA in management buy-out

Hanover-based financial services provider AWD Group has sold its subsidiary Read IFA to management. The terms of the deal were not disclosed. 

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Enviroco sucks up HFS Liquid Waste

Enviroco, a Peterhead-based waste management company, has acquired Norfolk-based HFS Liquid Waste. Enviroco employs 150 personnel and generates a turnover of some £30 million. 

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Cardinal Brands in MBO

Cardinal Brands Ltd, a UK-based manufacturer of carbonless stationery products established in 2002, has been sold in a management buy-out led by MD Michael Deane. The terms of the deal were not disclosed. 

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AG Thames swallows Produce World fruit subsidiary

HW Corporate Finance is pleased to announce the successful divestment of British & Brazilian Ltd, a £40 million fresh fruit business, to AG Thames Holdings Ltd. HW Corporate Finance, led by partner Richard Hall, acted as lead adviser to the vendor, Cambridgeshire-based Produce World Ltd.

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Avisen acquires EON Enterprises

Avisen, a performance management specialist situated in London, has acquired Eon Enterprises, and Eon’s wholly owned subsidiary Infocube for £585,000. Eon has no trading activity and its sole function is to act as Infocube’s holding company.

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AG Thames swallows Produce World fruit subsidiary

HW Corporate Finance is pleased to announce the successful divestment of British & Brazilian Ltd, a £40 million fresh fruit business, to AG Thames Holdings Ltd. HW Corporate Finance, led by partner Richard Hall, acted as lead adviser to the vendor, Cambridgeshire-based Produce World Ltd.

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Avisen acquires EON Enterprises

Avisen, a performance management specialist situated in London, has acquired Eon Enterprises, and Eon’s wholly owned subsidiary Infocube for £585,000. Eon has no trading activity and its sole function is to act as Infocube’s holding company.

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Government launches £1 billion VC fund

The UK government has created a fund to support early-stage technology companies via the venture capital (VC) industry.

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Melham engineers Allslade deal

Nottingham-based Melham Group has acquired Portsmouth-based construction engineering firm Allslade Plc after the company went into administration. 

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All Leisure Group sets sail with Hebridean Princess

All Leisure Group Plc has acquired cruise ship Hebridean Princess and related assets from Ernst & Young, which acted as administrators for Hebridean International Cruises and Leisure and Marine Holdings. The deal is valued at £1.4 million.  

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Penna Consulting goes Barkers

Penna Consulting Plc, a London-based human resources consulting group, has acquired local rival Barkers Group out of administration for £8.6 million in cash.