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Provexis wins government grant

A developer of medical food and dietary supplements has secured EU approval for one of its products and won a grant to support further research.

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Octopus backs Phase Vision

Phase Vision, a manufacturer of optical inspection tools, has received £1.1 million from funds managed by Octopus Ventures.

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British Gas buys Energy and Building Management

British Gas owner Centrica Plc has acquired Energy and Building Management Solutions Limited (BMSL) for up to £3.2 million. 

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Sheffield Industrial acquires local rival

Sheffield Industrial Saws has acquired local rival Spear & Jackson International out of administration for an undisclosed sum.

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HSBC forecasts growth of ‘supercities’

Cities such as Newcastle and Brighton will become hubs for enterprise and innovation in future, according to a study from HSBC.

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Sellers get a raw deal 

Aside from accepting lower prices, entrepreneurs trying to sell a business are struggling with increasingly unfavourable terms, according to the European M&A Survey 2009, conducted by London-based law firm CMS Cameron McKenna. 

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Advanced Plasma Power in joint venture

Waste-to-energy company Advanced Plasma Power has formed a joint venture with private equity fund Leveraged Green Energy to deploy its technology.

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Finance Wales backs Outlook Expeditions

The Welsh Assembly’s investment arm, Finance Wales, has backed Snowdonia-based Outlook Expeditions with a six-figure sum.

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Advanced Plasma Power in joint venture

Waste-to-energy company Advanced Plasma Power has formed a joint venture with private equity fund Leveraged Green Energy to deploy its technology.

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Finance Wales backs Outlook Expeditions

The Welsh Assembly’s investment arm, Finance Wales, has backed Snowdonia-based Outlook Expeditions with a six-figure sum.

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Sugar and Branson driving business ambition

Adults under 25 are more likely to have Alan Sugar or Richard Branson as their role models than Paris Hilton or Madonna, according to a survey.

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The smallest camcorder in the world

The march to miniaturise everything continues with this palm-held digital camcorder from Sony.

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Cryo-Save acquires Salus Futura

Cryo-Save Group NV, a Holland-based stem cell bank, has agreed to acquire Italian rival Salus Futura Srl, for up to  €400,000 (£348,000) in cash.

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HomeServe acquires SFG for £24 million  

HomeServe, a West Midlands-based insurance company, has acquired France-based rival Société Française de Garantie from April Group Dommages Particuliers for up to £24 million.

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