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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.  

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Xeros cleans up in funding round

Xeros, a Leeds-based developer of virtually waterless cleaning technology, has received £920,000 in a funding round led by venture capital fund manager Enterprise Ventures (EV).

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SDL acquires XyEnterprise  

SDL Plc, a Berkshire-based provider of translating and information management services has acquired XyEnterprise, a US-based specialist in publishing software for $14.7m (£8.9m). 

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Clothes cleaning innovator nets funding

Xeros, a developer of ‘virtually waterless’ clothes cleaning technology has secured £920,000 in a funding round led by Enterprise Ventures (EV). 

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SDL acquires XyEnterprise  

SDL Plc, a Berkshire-based provider of translating and information management services has acquired XyEnterprise, a US-based specialist in publishing software for $14.7m (£8.9m). 

News

Clothes cleaning innovator nets funding

Xeros, a developer of ‘virtually waterless’ clothes cleaning technology has secured £920,000 in a funding round led by Enterprise Ventures (EV). 

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Carbon Trust loans made more accessible

The Carbon Trust, which offers interest-free loans to businesses that install energy-saving equipment, has extended eligibility for the scheme.

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Paul Smith cricket ball

Normally getting a reaction from the ladies with a Paul Smith involves sporting one of his sharp suits, but with this little number you may succeed in bowling a maiden over of a different sort.

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Northern Bear on the prowl

Acquisitive building services and materials concern Northern Bear has increased annual pre-tax profits 26 per cent to £2.85 million.

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Cash is king for consumers

More money was withdrawn from cash machines in May than in any other month since records began, according to LINK, the ATM operator.

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