Homeware retailer Robert Dyas has completed a management buy-out led by CEO Steven Round and non-executive chairman and restructuring expert Ian Gray. The deal was backed by existing lenders Lloyds and Allied Irish Bank.
DM Plc, a Herefordshire-based direct marketing company, has acquired PDV, an online and offline lead generation business, for up to £1.13 million. For more deals click here.
West Sussex-based biotech concern Veryan Med, which specialises in addressing vascular disease, has received £2.5 million in a further funding round from Imperial Innovations.
UK businesses may come under additional pressure as countries in East Asia start to shift away from low-cost production to concentrate on groundbreaking, high-value designs, research has found.
