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SABMiller sells bottling operations

SABMiller Plc has announced that subsidiaries of its Colombian concern Bavaria SA have completed the sale of Bebidas y Aguas Gaseosa Occidente SRL, its Pepsi bottling operations in Bolivia, for up to US$27 million.

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Nationwide cashes in on Dunfermline

Nationwide Building Society has snapped up the head office, branches, savings accounts and the majority of the residential mortgage book of collapsed Dunfermline, Scotland’s largest building society. 

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High Court approval for Kerry deal

Food giant Kerry Group is free to press on with the acquisition of Breeo Foods, a subsidiary of Ireland-based Reox Holdings Plc, almost a year after an appeal against a decision by the Competition Authority of Ireland to block the proposed deal. 

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RLtec gets further investment

Low carbon venture investor Low Carbon Accelerator (LCA) has made a further equity investment of £300,000 in London-based clean technology company ResponsiveLoad - which trades as RLtec.

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Financial services set for more losses

The UK financial services sector has slashed jobs as income and business levels have fallen sharply and is set to make more cuts, says the Confederation of British Industry (CBI).

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US billionaire ups Arsenal stake

US billionaire Stan Kroenke has increased his interest in football group Arsenal Holdings to 20.5 per cent.

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PBN savours Wineworld deal

Northern Ireland property and trading group PBN and drinks industry veteran Jim O’Neill have acquired ailing off licence and pub group Wineworld. 

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DPS Software gains Access

DPS Software, an Enfield-based legal software company, has acquired Sandbach-based rival Access Legal Systems for an undisclosed sum. The combined entity will now trade as DPS-Access. 

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PBN savours Wineworld deal

Northern Ireland property and trading group PBN and drinks industry veteran Jim O’Neill have acquired ailing off licence and pub group Wineworld. 

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DPS Software gains Access

DPS Software, an Enfield-based legal software company, has acquired Sandbach-based rival Access Legal Systems for an undisclosed sum. The combined entity will now trade as DPS-Access. 

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Skykon blows into Scotland

Skykon, which provides support for wind technology producers, has taken over a wind tower plant in Campbeltown, Scotland, from Vestas Wind Systems, a Danish manufacturer of wind turbines.

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John Crane acquires Orion Corporation

John Crane, a Slough-based manufacturer of mechanical seals, has acquired Orion Corporation, a US-based designer and manufacturer of hydrodynamic bearings. The terms of the deal were not disclosed.

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Ethical Superstore in Natural merger

Eco-stores Natural Collection and Ethical Superstore have merged. The terms of the deal remain undisclosed. 

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Fuller, Smith & Turner on pub crawl

Fuller, Smith & Turner Plc has agreed to acquire six freehold London pubs from Punch Taverns Plc, for £21.1 million in cash. The acquisition will be financed from existing facilities and is expected to complete by 6 April.

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