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Fiberweb weaves a deal with Coronor

Fiberweb Plc, a London-based supplier of non-woven fabrics, has acquired Nordenia International AC’s 50% stake in Coronor Composites GmbH, a manufacturer of fabrics, for some €3.1 million (£2.9 million). 

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Virtuos acquires sound specialist

Shanghai-based outsourcing firm Virtuos has acquired Chinese audio specialist Best Sound Production for an undisclosed sum. For more deals click here.

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Audemat acquires APT

French broadcasting company Audemat Group has acquired the broadcast equipment activities of Northern Ireland-based APT. The terms of the deal were not disclosed.

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Bunzl takes over distributors

London-based Bunzl Plc, the international distribution group, has acquired rivals WK Thomas & Co and Industrial Supplies from King UK, which is in administration. The terms of the deal remain undisclosed. 

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Quintain in asset sell-off

Quintain Estates & Development Plc has sold St David’s House, a six-storey commercial and retail centre in Cardiff, for £9.3 million, generating profits of £4 million.

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Investcorp hopes to strike gold in Middle East

A consortium of investors led by asset management firm Investcorp has acquired Saudi gold jewellery manufacturer L’azurde.

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Entrepreneurs foresee deep slump

Most UK entrepreneurs are preparing for a recession of more than 18 months, according to a poll conducted by GrowthBusiness.co.uk.

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Acuity Brands in $205m deal

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Entrepreneurs foresee deep slump

Most UK entrepreneurs are preparing for a recession of more than 18 months, according to a poll conducted by GrowthBusiness.co.uk.

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Acuity Brands in $205m deal

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Telesoft purchases US assets

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Namco Bandai in acquisitions

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RTI buys MasiMax

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Another £2 million for e-Therapeutics

Venture capital firm Octopus Ventures has invested a further £2 million in drug discovery and development company e-Therapeutics.

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