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Taylor Wimpey sheds construction businesses

UK-based housebuilding company Taylor Wimpey has sold its construction businesses in Ghana, West Africa, comprising Taysec Construction and Taylor Woodrow of Ghana to existing management for a nominal fee.

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ATP acquires Instone

ATP International Group, an Anglo-Dutch holiday company, has acquired Brentwood-based marine fares specialist Instone International for an undisclosed sum.

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AG Holding acquires Axeon Holdings

AG Holding Ltd, a London-based special investment company backed by Ironshield Capital Management LLP, has acquired Axeon Holdings Plc, a provider of independent lithium-ion battery and green energy services. The terms of the deal were not disclosed. 

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Glasses Direct secures £10 million

A consortium of investors has committed £10 million to Glasses Direct, a company which supplies prescription glasses by post.

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Carlyle Group exits SmartTrust

SmartTrust, a developer of software for mobile operators backed by The Carlyle Group, has been acquired by Giesecke & Devrient.

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Budget 2009: instant response

Entrepreneurs and advisers offer their immediate reactions to measures announced in Chancellor Alistair Darling’s Budget speech.

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UK falls behind on new energy

The UK fell to 15th place for its investment in clean energy in the first quarter of 2009, down from fifth place last year, according to research.

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Clickable video specialist nets funding

Quick.tv, whose technology allows ‘clickable’ features to be added to video content, has won a further equity investment of £335,000.

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UK falls behind on new energy

The UK fell to 15th place for its investment in clean energy in the first quarter of 2009, down from fifth place last year, according to research.

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Clickable video specialist nets funding

Quick.tv, whose technology allows ‘clickable’ features to be added to video content, has won a further equity investment of £335,000.

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HaiKe in joint venture

China-based HaiKe Chemical Group is putting £19 million into a joint venture supplying oil and gas products domestically.

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Harris buys Tyco Wireless Systems

Florida-based communications and IT company Harris has acquired Tyco Electronics’ Wireless Systems for $675m (£466 million).

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Cranswick Pet Products and Tropical Marine Centre in MBO

Food producer Cranswick has sold its subsidiaries, Cranswick Pet Products (CPP) and Tropical Marine Centre (TMC), as part of a management buy-out backed by Lloyds TSB Development Capital for £17 million. 

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Objective acquires Limehouse Software

Australian software company Objective has acquired UK-based rival Limehouse Software for some AU$6.7 million (£3.2 million).